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National Credit Union Service Organization

N.F.G. #2 FEDERAL CREDIT UNION

Sep, 30, 2025 — N.F.G. #2 FEDERAL CREDIT UNION is a federal credit union headquartered in WARREN, PA with 1 branch location and about $24.07 million in total assets. Opened 72 years ago in 1954, N.F.G. #2 FEDERAL CREDIT UNION has about 1,978 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:N.F.G. #2 FEDERAL CREDIT UNION
Address:
(Main Office)
1303 Pennsylvania Ave w
WARREN, PA 16365
Phone:(814) 723-7510
Fax:(814) 723-7523
Website:https://www.nfg2.com
Branches:1 branch locations
Members:1,978
Credit Union Type:Federal Credit Union
Charter Number:9776
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1954
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$24,073,817
CEO/Manager:Gerald P Bost
Chairperson:John Riggle

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,276,607
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 593,702
 Unsecured Loans 1,084,556
 Other Loans 2,407,844
 TOTAL LOANS 4,086,102
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -23,222
 Land And Building 232,249
 Other Fixed Assets 16,493
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 205,439
 All Other Assets 0
  TOTAL ASSETS 24,073,817
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 11,681
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,297,433
 Regular shares 12,434,796
 All Other Shares & Deposits 3,666,358
  TOTAL SHARES & DEPOSITS 20,398,587
  TOTAL LIABILITIES 20,410,268
 Regular Reserve 0
 Other Reserves -81,730
 Undivided Earnings 3,745,279
  TOTAL EQUITY 3,663,549
  TOTAL LIABILITIES, SHARES, & EQUITY 24,073,817
INCOME & EXPENSE  
 Loan Income 219,262
 Investment Income 423,460
 Other Income 20,085
 Total Employee Compensation & Benefits 291,387
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 223,059
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,582
 Cost of Funds 21,547
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 167,219
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