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NEW CASTLE BELLCO FEDERAL CREDIT UNION

Sep, 30, 2025 — NEW CASTLE BELLCO FEDERAL CREDIT UNION is a federal credit union headquartered in NEW CASTLE, PA with 1 branch location and about $14.00 million in total assets. Opened 73 years ago in 1953, NEW CASTLE BELLCO FEDERAL CREDIT UNION has about 975 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NEW CASTLE BELLCO FEDERAL CREDIT UNION
Address:
(Main Office)
1011 Wilmington Ave
NEW CASTLE, PA 16101
Phone:(724) 654-8485
Fax:(724) 654-3837
Website:https://www.newcastlebellco.com
Branches:1 branch locations
Members:975
Credit Union Type:Federal Credit Union
Charter Number:8903
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1953
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$14,003,527
CEO/Manager:FRANK A ROSSETTI
Chairperson:GERALD A MARKOWITZ

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,910,516
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 736,574
 Unsecured Loans 116,724
 Other Loans 6,268,478
 TOTAL LOANS 7,121,777
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) 0
 Land And Building 52,639
 Other Fixed Assets 24,766
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 96,422
 All Other Assets 2,500
  TOTAL ASSETS 14,003,527
LIABILITIES & CAPITAL:  
 Dividends Payable 1,773
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,121
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,281,891
 Regular shares 5,200,479
 All Other Shares & Deposits 5,779,004
  TOTAL SHARES & DEPOSITS 12,261,374
  TOTAL LIABILITIES 12,277,268
 Regular Reserve 0
 Other Reserves 35,505
 Undivided Earnings 1,690,754
  TOTAL EQUITY 1,726,259
  TOTAL LIABILITIES, SHARES, & EQUITY 14,003,527
INCOME & EXPENSE  
 Loan Income 289,319
 Investment Income 164,364
 Other Income 6,286
 Total Employee Compensation & Benefits 115,655
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 126,588
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 11,836
 Cost of Funds 140,164
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 77,886
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