Dec, 31, 2023 — SUPERIOR CREDIT UNION is a federally insured state chartered credit union headquartered in COLLEGEVILLE, PA with 3 branch locations and about $65.74 million in total assets. Opened 68 years ago in 1956, SUPERIOR CREDIT UNION has about 6,581 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SUPERIOR CREDIT UNION |
---|---|
Address: (Main Office) | 100 Crosskeys Rd. COLLEGEVILLE, PA 19426-3128 |
Phone: | (610) 489-7239 |
Fax: | (610) 489-5339 |
Website: | https://www.superiorcu.org |
Branches: | 3 branch locations |
Members: | 6,581 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60215 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Jan 01, 2024 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $65,737,245 |
CEO/Manager: | Kimberly Miller |
Chairperson: | Jason Vavra |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 3,548,772 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 37,480,168 |
Unsecured Loans | 4,525,420 |
Other Loans | 10,940,129 |
TOTAL LOANS | 52,945,716 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -454,894 |
Land And Building | 2,288,778 |
Other Fixed Assets | 90,696 |
NCUSIF Deposit | 609,048 |
All Other Assets | 0 |
TOTAL ASSETS | 65,737,245 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 489,129 |
Accounts Payable & Other Liabilities | 827,919 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 14,584,616 |
Regular shares | 26,110,859 |
All Other Shares & Deposits | 18,978,885 |
TOTAL SHARES & DEPOSITS | 59,674,360 |
TOTAL LIABILITIES | 60,991,408 |
Regular Reserve | 0 |
Other Reserves | -411,470 |
Undivided Earnings | 5,157,307 |
TOTAL EQUITY | 4,745,837 |
TOTAL LIABILITIES, SHARES, & EQUITY | 65,737,245 |
INCOME & EXPENSE | |
Loan Income | 2,392,309 |
Investment Income | 415,990 |
Other Income | 1,235,823 |
Total Employee Compensation & Benefits | 1,421,893 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,885,678 |
Non-operating Income & (Expense) | -3,105 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 57,360 |
Cost of Funds | 356,037 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 320,049 |
↑ Back to Top |
» See also Statement of Financial Condition