Dec, 31, 2023 — TRI BORO FEDERAL CREDIT UNION is a federal credit union headquartered in MUNHALL, PA with 3 branch locations and about $116.41 million in total assets. Opened 89 years ago in 1935, TRI BORO FEDERAL CREDIT UNION has about 8,203 members and employs 29 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TRI BORO FEDERAL CREDIT UNION |
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Address: (Main Office) | 600 E 8th Ave MUNHALL, PA 15120-1906 |
Phone: | (412) 461-3018 |
Fax: | (412) 461-8722 |
Website: | https://www.triboro-fcu.org |
Branches: | 3 branch locations |
Members: | 8,203 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 794 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $116,410,694 |
CEO/Manager: | Dennis J Ferchak |
Chairperson: | William Angotti |
ASSETS: | $ Amount |
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Cash & Equivalents | 7,422,295 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 51,093,321 |
Unsecured Loans | 3,236,110 |
Other Loans | 27,756,954 |
TOTAL LOANS | 82,086,385 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -263,781 |
Land And Building | 1,813,046 |
Other Fixed Assets | 336,125 |
NCUSIF Deposit | 986,129 |
All Other Assets | 31,101 |
TOTAL ASSETS | 116,410,694 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 13,542 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 499,098 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 19,350,766 |
Regular shares | 47,638,517 |
All Other Shares & Deposits | 32,807,545 |
TOTAL SHARES & DEPOSITS | 99,796,829 |
TOTAL LIABILITIES | 100,309,469 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 16,101,225 |
TOTAL EQUITY | 16,101,225 |
TOTAL LIABILITIES, SHARES, & EQUITY | 116,410,694 |
INCOME & EXPENSE | |
Loan Income | 3,969,769 |
Investment Income | 1,028,309 |
Other Income | 653,922 |
Total Employee Compensation & Benefits | 1,849,143 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,228,133 |
Non-operating Income & (Expense) | -1,910 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 103,550 |
Cost of Funds | 565,060 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,071,700 |
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