Sep, 30, 2025 — 1ST ED CREDIT UNION is a federally insured state chartered credit union headquartered in CHAMBERSBURG, PA with 3 branch locations and about $139.05 million in total assets. Opened 88 years ago in 1938, 1ST ED CREDIT UNION has about 7,053 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | 1ST ED CREDIT UNION |
|---|---|
| Address: (Main Office) | 1156 Kennebec Dr CHAMBERSBURG, PA 17201 |
| Phone: | (717) 264-6506 |
| Fax: | (717) 264-2441 |
| Website: | https://www.1edcu.org |
| Branches: | 3 branch locations |
| Members: | 7,053 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65412 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $139,051,370 |
| CEO/Manager: | Kelly Childress |
| Chairperson: | Roy H Johnston |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,012,284 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 29,651,638 |
| Unsecured Loans | 4,937,357 |
| Other Loans | 9,964,090 |
| TOTAL LOANS | 44,553,085 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -371,697 |
| Land And Building | 937,519 |
| Other Fixed Assets | 613,030 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,165,646 |
| All Other Assets | 0 |
| TOTAL ASSETS | 139,051,370 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 959,482 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,770,569 |
| Regular shares | 38,344,027 |
| All Other Shares & Deposits | 64,420,283 |
| TOTAL SHARES & DEPOSITS | 118,534,879 |
| TOTAL LIABILITIES | 119,494,361 |
| Regular Reserve | 0 |
| Other Reserves | -507,873 |
| Undivided Earnings | 20,064,882 |
| TOTAL EQUITY | 19,557,009 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 139,051,370 |
| INCOME & EXPENSE | |
| Loan Income | 1,904,431 |
| Investment Income | 2,000,792 |
| Other Income | 115,302 |
| Total Employee Compensation & Benefits | 1,259,748 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,312,238 |
| Non-operating Income & (Expense) | 285,553 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -57,000 |
| Cost of Funds | 1,451,100 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 339,992 |
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