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SWINDELL-DRESSLER CREDIT UNION

Jun, 30, 2021 — SWINDELL-DRESSLER CREDIT UNION is a federally insured state chartered credit union headquartered in PITTSBURGH, PA with 1 branch location and about $4.26 million in total assets. Opened 56 years ago in 1965, SWINDELL-DRESSLER CREDIT UNION has about 383 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SWINDELL-DRESSLER CREDIT UNION
Address:
(Main Office)
4712 Clairton Blvd
PITTSBURGH, PA 15236
Phone:(412) 281-6303
Fax:(412) 281-6309
Website:http://swindelldresslercu.com
Branches:1 branch locations
Members:383
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61035
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1965
Last Audited:Apr 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$4,262,467
CEO/Manager:DIANE M CAMEROTA
Chairperson:KENNETH ARTZBERGER

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 428,025
TOTAL INVESTMENTS 2,814,440
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 373,323
 Other Loans 605,351
 TOTAL LOANS 978,674
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,839
 Land And Building 0
 Other Fixed Assets 7
 NCUSIF Deposit 35,522
 All Other Assets 8,638
  TOTAL ASSETS 4,262,467
LIABILITIES & CAPITAL:  
 Dividends Payable 593
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,132
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 67,414
 Regular shares 2,370,171
 All Other Shares & Deposits 1,169,115
  TOTAL SHARES & DEPOSITS 3,606,700
  TOTAL LIABILITIES 3,611,425
 Regular Reserve 107,224
 Other Reserves 0
 Undivided Earnings 543,818
  TOTAL EQUITY 651,042
  TOTAL LIABILITIES, SHARES, & EQUITY 4,262,467
INCOME & EXPENSE  
 Loan Income 32,995
 Investment Income 19,987
 Other Income 676
 Total Employee Compensation & Benefits 45,706
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 32,212
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,000
 Cost of Funds 7,976
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -31,928
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