Sep, 30, 2025 — TRI STATE RAIL FEDERAL CREDIT UNION is a federal credit union headquartered in ERIE, PA with 3 branch locations and about $20.26 million in total assets. Opened 77 years ago in 1949, TRI STATE RAIL FEDERAL CREDIT UNION has about 2,238 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TRI STATE RAIL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 110 W 13th St ERIE, PA 16501 |
| Phone: | (814) 455-0092 |
| Fax: | (814) 454-5855 |
| Website: | https://www.tristaterailfcu.com |
| Branches: | 3 branch locations |
| Members: | 2,238 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6070 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $20,260,467 |
| CEO/Manager: | Steven M Tessmer |
| Chairperson: | Bart J Downing |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,448,724 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 908,838 |
| Unsecured Loans | 832,417 |
| Other Loans | 4,893,290 |
| TOTAL LOANS | 6,634,545 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -67,533 |
| Land And Building | 233,022 |
| Other Fixed Assets | 43,138 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 168,476 |
| All Other Assets | 0 |
| TOTAL ASSETS | 20,260,467 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 10,864 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 72,001 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,274,608 |
| Regular shares | 13,634,744 |
| All Other Shares & Deposits | 372,846 |
| TOTAL SHARES & DEPOSITS | 16,282,198 |
| TOTAL LIABILITIES | 16,365,063 |
| Regular Reserve | 0 |
| Other Reserves | 1,949,114 |
| Undivided Earnings | 1,946,290 |
| TOTAL EQUITY | 3,895,404 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 20,260,467 |
| INCOME & EXPENSE | |
| Loan Income | 282,399 |
| Investment Income | 282,635 |
| Other Income | 5,929 |
| Total Employee Compensation & Benefits | 233,649 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 217,858 |
| Non-operating Income & (Expense) | 41,661 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 22,035 |
| Cost of Funds | 24,148 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 133,353 |
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