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WILLIAMSPORT TEACHERS CREDIT UNION

Jun, 30, 2021 — WILLIAMSPORT TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in SOUTH WILLIAMSP, PA with 0 branch location and about $13.66 million in total assets. Opened 87 years ago in 1934, WILLIAMSPORT TEACHERS CREDIT UNION has about 1,153 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:WILLIAMSPORT TEACHERS CREDIT UNION
Address:
(Main Office)
302 MATTHEWS BLVD
SOUTH WILLIAMSP, PA 17702-7266
Phone:(570) 323-6468
Fax:(570) 323-8124
Website:https://www.williamsportteacherscu.com/
Branches:0 branch locations
Members:1,153
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:65211
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1934
Last Audited:May 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$13,657,931
CEO/Manager:Edith V Sones
Chairperson:John D Peck

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,292,045
TOTAL INVESTMENTS 2,752,847
Loans Held for Sale 0
 
 Real Estate Loans 2,431,230
 Unsecured Loans 131,125
 Other Loans 2,856,828
 TOTAL LOANS 5,419,183
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -30,836
 Land And Building 84,795
 Other Fixed Assets 12,326
 NCUSIF Deposit 102,787
 All Other Assets 24,784
  TOTAL ASSETS 13,657,931
LIABILITIES & CAPITAL:  
 Dividends Payable 4,069
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 30,562
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,977,708
 All Other Shares & Deposits 2,286,779
  TOTAL SHARES & DEPOSITS 11,264,487
  TOTAL LIABILITIES 11,299,118
 Regular Reserve 378,682
 Other Reserves 0
 Undivided Earnings 1,980,131
  TOTAL EQUITY 2,358,813
  TOTAL LIABILITIES, SHARES, & EQUITY 13,657,931
INCOME & EXPENSE  
 Loan Income 103,579
 Investment Income 22,141
 Other Income 82
 Total Employee Compensation & Benefits 60,186
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 43,580
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,200
 Cost of Funds 13,424
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,901
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