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 |
| 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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