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FIRST CREDIT UNION OF SCRANTON

Sep, 30, 2025 — FIRST CREDIT UNION OF SCRANTON is a federally insured state chartered credit union headquartered in SCRANTON, PA with 1 branch location and about $21.48 million in total assets. Opened 92 years ago in 1934, FIRST CREDIT UNION OF SCRANTON has about 1,920 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FIRST CREDIT UNION OF SCRANTON
Address:
(Main Office)
605 DAVIS ST
SCRANTON, PA 18505-3518
Phone:(570) 961-8953
Fax:(570) 961-5010
Website:https://www.firstcu.org
Branches:1 branch locations
Members:1,920
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60641
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1934
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$21,483,352
CEO/Manager:Jamie Masters
Chairperson:James Snyder

Call Report

  • Micro Consumer Loans
  • Overdraft Protection
  • Participation Loans
  • Pay Day Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,544,332
TOTAL INVESTMENTS 12,382,704
Loans Held for Sale 0
 
 Real Estate Loans 1,187,526
 Unsecured Loans 379,696
 Other Loans 1,064,005
 TOTAL LOANS 2,631,227
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -35,551
 Land And Building 557,200
 Other Fixed Assets 9,625
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 166,921
 All Other Assets 226,894
  TOTAL ASSETS 21,483,352
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -633
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,712,300
 Regular shares 14,648,836
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 20,361,136
  TOTAL LIABILITIES 20,360,503
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,122,849
  TOTAL EQUITY 1,122,849
  TOTAL LIABILITIES, SHARES, & EQUITY 21,483,352
INCOME & EXPENSE  
 Loan Income 33,699
 Investment Income 19,085
 Other Income 18,395
 Total Employee Compensation & Benefits 63,116
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 93,445
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -19,000
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -37,437
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