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ERIE CITY EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — ERIE CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Erie, PA with 2 branch locations and about $7.43 million in total assets. Opened 68 years ago in 1953, ERIE CITY EMPLOYEES FEDERAL CREDIT UNION has about 859 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:859
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$7,430,560
CEO/Manager:Rob L Noziglia
Chairperson:Ronald Loader

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 375,166
TOTAL INVESTMENTS 3,270,486
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,170,787
 Other Loans 2,439,871
 TOTAL LOANS 3,610,658
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -43,258
 Land And Building 126,168
 Other Fixed Assets 15,987
 NCUSIF Deposit 55,500
 All Other Assets 19,853
  TOTAL ASSETS 7,430,560
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,920
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,903,676
 All Other Shares & Deposits 905,936
  TOTAL SHARES & DEPOSITS 5,809,612
  TOTAL LIABILITIES 5,815,532
 Regular Reserve 215,000
 Other Reserves 0
 Undivided Earnings 1,400,028
  TOTAL EQUITY 1,615,028
  TOTAL LIABILITIES, SHARES, & EQUITY 7,430,560
INCOME & EXPENSE  
 Loan Income 116,288
 Investment Income 9,771
 Other Income 6
 Total Employee Compensation & Benefits 62,398
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 38,386
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 462
 Cost of Funds 13,443
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,889
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