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GROVE CITY AREA FEDERAL CREDIT UNION

Sep, 30, 2025 — GROVE CITY AREA FEDERAL CREDIT UNION is a federal credit union headquartered in GROVE CITY, PA with 2 branch locations and about $139.75 million in total assets. Opened 76 years ago in 1950, GROVE CITY AREA FEDERAL CREDIT UNION has about 9,537 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GROVE CITY AREA FEDERAL CREDIT UNION
Address:
(Main Office)
1600 S CENTER STREET EXT
GROVE CITY, PA 16127
Phone:(724) 748-6091
Fax:(724) 748-6100
Website:https://www.gcafcu.org
Branches:2 branch locations
Members:9,537
Credit Union Type:Federal Credit Union
Charter Number:6722
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1950
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$139,754,766
CEO/Manager:Alysia M McCandless
Chairperson:Stanley J Covert

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 25,212,212
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,530,098
 Unsecured Loans 5,586,066
 Other Loans 27,108,273
 TOTAL LOANS 71,852,692
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -405,927
 Land And Building 1,870,113
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 1,086,722
 All Other Assets 0
  TOTAL ASSETS 139,754,766
LIABILITIES & CAPITAL:  
 Dividends Payable 55,914
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 18,954
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 24,570,685
 Regular shares 62,415,836
 All Other Shares & Deposits 31,527,486
  TOTAL SHARES & DEPOSITS 118,514,007
  TOTAL LIABILITIES 118,588,875
 Regular Reserve 0
 Other Reserves 292,382
 Undivided Earnings 20,873,509
  TOTAL EQUITY 21,165,891
  TOTAL LIABILITIES, SHARES, & EQUITY 139,754,766
INCOME & EXPENSE  
 Loan Income 3,076,286
 Investment Income 1,536,491
 Other Income 466,258
 Total Employee Compensation & Benefits 1,213,042
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 1,543,194
 Non-operating Income & (Expense) -1,410
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 208,265
 Cost of Funds 927,604
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,729,850
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