Dec, 31, 2023 — WESTMORELAND WATER FEDERAL CREDIT UNION is a federal credit union headquartered in GREENSBURG, PA with 1 branch location and about $22.09 million in total assets. Opened 71 years ago in 1953, WESTMORELAND WATER FEDERAL CREDIT UNION has about 1,547 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | WESTMORELAND WATER FEDERAL CREDIT UNION |
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Address: (Main Office) | 1900 Franklin St GREENSBURG, PA 15601-5563 |
Phone: | (724) 850-4797 |
Fax: | (724) 836-7648 |
Website: | https://www.wwcu.org |
Branches: | 1 branch locations |
Members: | 1,547 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9042 |
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Membership Type: | Multiple common bond - Primarily communications and utilities |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $22,092,492 |
CEO/Manager: | Stephanie Kernicky |
Chairperson: | Barrie Rohrbacher |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,626,095 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,682,148 |
Unsecured Loans | 1,440,100 |
Other Loans | 3,957,500 |
TOTAL LOANS | 7,079,748 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -38,094 |
Land And Building | 187,531 |
Other Fixed Assets | 10,268 |
NCUSIF Deposit | 193,152 |
All Other Assets | 0 |
TOTAL ASSETS | 22,092,492 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 18,685 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,457,307 |
Regular shares | 10,276,116 |
All Other Shares & Deposits | 7,020,729 |
TOTAL SHARES & DEPOSITS | 18,754,152 |
TOTAL LIABILITIES | 18,772,837 |
Regular Reserve | 0 |
Other Reserves | 255,137 |
Undivided Earnings | 3,064,518 |
TOTAL EQUITY | 3,319,655 |
TOTAL LIABILITIES, SHARES, & EQUITY | 22,092,492 |
INCOME & EXPENSE | |
Loan Income | 351,475 |
Investment Income | 282,398 |
Other Income | 21,385 |
Total Employee Compensation & Benefits | 169,619 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 247,318 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,801 |
Cost of Funds | 54,302 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 214,339 |
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