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ERIE POLICE FEDERAL CREDIT UNION

Dec, 31, 2021 — ERIE POLICE FEDERAL CREDIT UNION is a federal credit union headquartered in ERIE, PA with 1 branch location and about $2.64 million in total assets. Opened 69 years ago in 1953, ERIE POLICE FEDERAL CREDIT UNION has about 477 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ERIE POLICE FEDERAL CREDIT UNION
Address:
(Main Office)
626 STATE ST STE 112
ERIE, PA 16501-1128
Phone:(814) 453-2540
Fax:(814) 453-2540
Website:n/a
Branches:1 branch locations
Members:477
Credit Union Type:Federal Credit Union
Charter Number:8626
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1953
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$2,639,572
CEO/Manager:Gail A Markiewicz
Chairperson:Kenneth M Merchant

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 474,881
TOTAL INVESTMENTS 890,716
Loans Held for Sale 0
 
 Real Estate Loans 10,699
 Unsecured Loans 159,991
 Other Loans 1,096,724
 TOTAL LOANS 1,267,414
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -14,633
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 19,098
 All Other Assets 2,096
  TOTAL ASSETS 2,639,572
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,288
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,913,875
 All Other Shares & Deposits 128,978
  TOTAL SHARES & DEPOSITS 2,042,853
  TOTAL LIABILITIES 2,046,141
 Regular Reserve 101,725
 Other Reserves 0
 Undivided Earnings 491,706
  TOTAL EQUITY 593,431
  TOTAL LIABILITIES, SHARES, & EQUITY 2,639,572
INCOME & EXPENSE  
 Loan Income 64,989
 Investment Income 15,845
 Other Income 357
 Total Employee Compensation & Benefits 29,098
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 28,949
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 8,092
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 16,994
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