Jun, 30, 2024 — AMERICAN PRIDE CREDIT UNION is a federally insured state chartered credit union headquartered in ALTOONA, PA with 1 branch location and about $23.39 million in total assets. Opened 91 years ago in 1934, AMERICAN PRIDE CREDIT UNION has about 1,937 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 |
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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: | 1,937 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60389 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $23,393,077 |
CEO/Manager: | Ted L Glunt |
Chairperson: | Nick F Spallone |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,616,727 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,405,159 |
Unsecured Loans | 1,165,193 |
Other Loans | 1,307,786 |
TOTAL LOANS | 6,878,138 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -47,928 |
Land And Building | 722,410 |
Other Fixed Assets | 34,148 |
NCUSIF Deposit | 205,215 |
All Other Assets | 0 |
TOTAL ASSETS | 23,393,077 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 521 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 157,467 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 4,844,324 |
Regular shares | 15,769,650 |
All Other Shares & Deposits | 878,978 |
TOTAL SHARES & DEPOSITS | 21,492,952 |
TOTAL LIABILITIES | 21,650,940 |
Regular Reserve | 0 |
Other Reserves | 283,197 |
Undivided Earnings | 1,458,940 |
TOTAL EQUITY | 1,742,137 |
TOTAL LIABILITIES, SHARES, & EQUITY | 23,393,077 |
INCOME & EXPENSE | |
Loan Income | 206,317 |
Investment Income | 98,875 |
Other Income | 51,913 |
Total Employee Compensation & Benefits | 148,006 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 242,405 |
Non-operating Income & (Expense) | 9,575 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 29,490 |
Cost of Funds | 3,902 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 59,212 |
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