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ERIE CITY EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2024 — ERIE CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ERIE, PA with 2 branch locations and about $7.89 million in total assets. Opened 72 years ago in 1953, ERIE CITY EMPLOYEES FEDERAL CREDIT UNION has about 834 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ERIE CITY EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
5 E 34th St
ERIE, PA 16504-1507
Phone:(814) 455-4888
Fax:(814) 455-4937
Website:n/a
Branches:2 branch locations
Members:834
Credit Union Type:Federal Credit Union
Charter Number:8913
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1953
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$7,889,785
CEO/Manager:Rob L Noziglia
Chairperson:Ronald Loader

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 159,789
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,143,979
 Other Loans 2,518,151
 TOTAL LOANS 3,662,130
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -45,608
 Land And Building 118,651
 Other Fixed Assets 4,723
 NCUSIF Deposit 62,431
 All Other Assets 0
  TOTAL ASSETS 7,889,785
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,905
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,792,452
 All Other Shares & Deposits 1,452,091
  TOTAL SHARES & DEPOSITS 6,244,543
  TOTAL LIABILITIES 6,251,448
 Regular Reserve 0
 Other Reserves 215,000
 Undivided Earnings 1,423,337
  TOTAL EQUITY 1,638,337
  TOTAL LIABILITIES, SHARES, & EQUITY 7,889,785
INCOME & EXPENSE  
 Loan Income 166,984
 Investment Income 18,442
 Other Income 13
 Total Employee Compensation & Benefits 93,918
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 49,589
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -5,739
 Cost of Funds 26,206
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 20,065
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