ERIE TIMES FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.erietimesfcu.com for more information.
Jun, 30, 2024 — ERIE TIMES FEDERAL CREDIT UNION is a federal credit union headquartered in ERIE, PA with 1 branch location and about $6.44 million in total assets. Opened 89 years ago in 1935, ERIE TIMES FEDERAL CREDIT UNION has about 771 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ERIE TIMES FEDERAL CREDIT UNION |
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Address: (Main Office) | 335 METZ ST ERIE, PA 16508-2723 |
Phone: | (814) 459-0853 |
Fax: | (814) 453-3099 |
Website: | https://www.erietimesfcu.com |
Branches: | 1 branch locations |
Members: | 771 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 776 |
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Membership Type: | Multiple common bond - Primarily communications and utilities |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,440,600 |
CEO/Manager: | Darlene M Spitzer |
Chairperson: | Anthony J Sanfilippo |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,344,410 |
TOTAL INVESTMENTS | 2,579,915 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 263,601 |
Other Loans | 90,865 |
TOTAL LOANS | 354,466 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -34,760 |
Land And Building | 118,963 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 53,530 |
All Other Assets | 24,076 |
TOTAL ASSETS | 6,440,600 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 24,269 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,141,757 |
Regular shares | 4,381,755 |
All Other Shares & Deposits | 248,602 |
TOTAL SHARES & DEPOSITS | 5,772,114 |
TOTAL LIABILITIES | 5,796,383 |
Regular Reserve | 479,322 |
Other Reserves | 0 |
Undivided Earnings | 164,895 |
TOTAL EQUITY | 644,217 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,440,600 |
INCOME & EXPENSE | |
Loan Income | 36,606 |
Investment Income | 70,332 |
Other Income | 27,009 |
Total Employee Compensation & Benefits | 196,871 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 162,138 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 39,155 |
Cost of Funds | 47,039 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -290,293 |
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