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LATROBE FEDERAL CREDIT UNION

Sep, 30, 2025 — LATROBE FEDERAL CREDIT UNION is a federal credit union headquartered in LATROBE, PA with 1 branch location and about $13.66 million in total assets. Opened 76 years ago in 1950, LATROBE FEDERAL CREDIT UNION has about 1,652 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LATROBE FEDERAL CREDIT UNION
Address:
(Main Office)
1812 Ligonier St
LATROBE, PA 15650-2917
Phone:(724) 537-2734
Fax:(724) 537-4488
Website:https://www.latrobefcu.com
Branches:1 branch locations
Members:1,652
Credit Union Type:Federal Credit Union
Charter Number:6689
Membership Type:Multiple common bond - Primarily primary and fabricated metals
Corporate Credit Union:No
Year Opened:1950
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$13,655,109
CEO/Manager:Sarah J Johnston
Chairperson:Patricia D Mullen

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,494,535
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 298,085
 Unsecured Loans 443,214
 Other Loans 2,826,992
 TOTAL LOANS 3,568,291
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,200
 Land And Building 114,071
 Other Fixed Assets 1,151
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 124,069
 All Other Assets 0
  TOTAL ASSETS 13,655,109
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,128
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,818,605
 Regular shares 8,940,427
 All Other Shares & Deposits 1,301,647
  TOTAL SHARES & DEPOSITS 12,060,679
  TOTAL LIABILITIES 12,063,807
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,591,302
  TOTAL EQUITY 1,591,302
  TOTAL LIABILITIES, SHARES, & EQUITY 13,655,109
INCOME & EXPENSE  
 Loan Income 135,336
 Investment Income 296,525
 Other Income 41,917
 Total Employee Compensation & Benefits 213,414
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 161,829
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 249,347
 Cost of Funds 82,348
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -187,843
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