Dec, 31, 2023 — CACL FEDERAL CREDIT UNION is a federal credit union headquartered in POTTSVILLE, PA with 4 branch locations and about $200.87 million in total assets. Opened 71 years ago in 1953, CACL FEDERAL CREDIT UNION has about 15,485 members and employs 59 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CACL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1800 W Market St POTTSVILLE, PA 17901 |
| Phone: | (570) 628-2400 |
| Fax: | (570) 628-0488 |
| Website: | https://www.caclfcu.org |
| Branches: | 4 branch locations |
| Members: | 15,485 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8523 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $200,870,638 |
| CEO/Manager: | John Hession |
| Chairperson: | Edward J Clark |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,022,365 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 94,460,596 |
| Unsecured Loans | 12,682,819 |
| Other Loans | 45,363,743 |
| TOTAL LOANS | 152,507,158 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,102,275 |
| Land And Building | 4,178,653 |
| Other Fixed Assets | 568,956 |
| NCUSIF Deposit | 1,770,731 |
| All Other Assets | 535,112 |
| TOTAL ASSETS | 200,870,638 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 1,500,000 |
| Accounts Payable & Other Liabilities | 488,603 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 32,144,734 |
| Regular shares | 40,618,904 |
| All Other Shares & Deposits | 106,571,271 |
| TOTAL SHARES & DEPOSITS | 179,334,909 |
| TOTAL LIABILITIES | 181,323,512 |
| Regular Reserve | 0 |
| Other Reserves | -1,554,108 |
| Undivided Earnings | 21,101,234 |
| TOTAL EQUITY | 19,547,126 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 200,870,638 |
| INCOME & EXPENSE | |
| Loan Income | 9,897,287 |
| Investment Income | 1,314,129 |
| Other Income | 1,369,547 |
| Total Employee Compensation & Benefits | 3,796,032 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,085,292 |
| Non-operating Income & (Expense) | -113,634 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,681,186 |
| Cost of Funds | 3,929,462 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,364,321 |
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