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AMERICAN PRIDE CREDIT UNION

Sep, 30, 2025 — AMERICAN PRIDE CREDIT UNION is a federally insured state chartered credit union headquartered in ALTOONA, PA with 1 branch location and about $22.70 million in total assets. Opened 92 years ago in 1934, AMERICAN PRIDE CREDIT UNION has about 1,829 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:AMERICAN PRIDE CREDIT UNION
Address:
(Main Office)
1431 Valley View Blvd
ALTOONA, PA 16602
Phone:(814) 946-3045
Fax:(814) 946-5232
Website:https://www.americanpridecu.org
Branches:1 branch locations
Members:1,829
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60389
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1934
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$22,698,100
CEO/Manager:Heather L McDowell
Chairperson:Nick F Spallone

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,705,752
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,223,114
 Unsecured Loans 951,968
 Other Loans 1,822,742
 TOTAL LOANS 6,997,824
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -71,294
 Land And Building 673,379
 Other Fixed Assets 33,141
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 191,990
 All Other Assets 0
  TOTAL ASSETS 22,698,100
LIABILITIES & CAPITAL:  
 Dividends Payable 4,105
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 126,066
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,721,011
 Regular shares 12,657,769
 All Other Shares & Deposits 1,548,688
  TOTAL SHARES & DEPOSITS 19,927,468
  TOTAL LIABILITIES 20,057,639
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,640,461
  TOTAL EQUITY 2,640,461
  TOTAL LIABILITIES, SHARES, & EQUITY 22,698,100
INCOME & EXPENSE  
 Loan Income 276,592
 Investment Income 381,412
 Other Income 56,539
 Total Employee Compensation & Benefits 160,503
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 338,703
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 24,000
 Cost of Funds 38,381
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 228,806
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