Dec, 31, 2023 — HAZLETON SCHOOL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in HAZLE TOWNSHIP, PA with 1 branch location and about $34.98 million in total assets. Opened 76 years ago in 1948, HAZLETON SCHOOL EMPLOYEES CREDIT UNION has about 1,484 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: | HAZLETON SCHOOL EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 1049 Wilbur Ct HAZLE TOWNSHIP, PA 18202 |
Phone: | (570) 459-1611 |
Fax: | (570) 459-2701 |
Website: | https://www.financial-net.com/hazle |
Branches: | 1 branch locations |
Members: | 1,484 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64833 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1948 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $34,982,564 |
CEO/Manager: | CLARENCE H JOHN |
Chairperson: | STANLEY ROSLEVEGE |
ASSETS: | $ Amount |
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Cash & Equivalents | 10,865,292 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 7,774,953 |
Unsecured Loans | 703,101 |
Other Loans | 2,884,450 |
TOTAL LOANS | 11,362,504 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -181,504 |
Land And Building | 27,252 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 322,583 |
All Other Assets | 0 |
TOTAL ASSETS | 34,982,564 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 47,330 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,004,787 |
Regular shares | 21,970,567 |
All Other Shares & Deposits | 3,863,244 |
TOTAL SHARES & DEPOSITS | 28,838,598 |
TOTAL LIABILITIES | 28,885,928 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 6,096,636 |
TOTAL EQUITY | 6,096,636 |
TOTAL LIABILITIES, SHARES, & EQUITY | 34,982,564 |
INCOME & EXPENSE | |
Loan Income | 456,900 |
Investment Income | 654,258 |
Other Income | 40,206 |
Total Employee Compensation & Benefits | 158,355 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 171,863 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,000 |
Cost of Funds | 154,441 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 657,532 |
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