Sep, 30, 2025 — URE FEDERAL CREDIT UNION is a federal credit union headquartered in EAST PITTSBURGH, PA with 1 branch location and about $8.06 million in total assets. Opened 90 years ago in 1936, URE FEDERAL CREDIT UNION has about 955 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: | URE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 201 Beech St EAST PITTSBURGH, PA 15112 |
| Phone: | (412) 824-1166 |
| Fax: | (412) 824-0310 |
| Website: | https://www.urefcu.org |
| Branches: | 1 branch locations |
| Members: | 955 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 986 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation equipment |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,055,415 |
| CEO/Manager: | Kevin G Varrato |
| Chairperson: | Paul L Weir |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 607,358 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 75,489 |
| Unsecured Loans | 1,117,652 |
| Other Loans | 3,384,886 |
| TOTAL LOANS | 4,578,028 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -72,372 |
| Land And Building | 5,828 |
| Other Fixed Assets | 64 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 68,830 |
| All Other Assets | 0 |
| TOTAL ASSETS | 8,055,415 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,586 |
| Notes & Interest Payable | 200,000 |
| Accounts Payable & Other Liabilities | 886 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 720,553 |
| Regular shares | 4,728,908 |
| All Other Shares & Deposits | 716,634 |
| TOTAL SHARES & DEPOSITS | 6,166,095 |
| TOTAL LIABILITIES | 6,370,567 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,684,848 |
| TOTAL EQUITY | 1,684,848 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,055,415 |
| INCOME & EXPENSE | |
| Loan Income | 238,980 |
| Investment Income | 74,281 |
| Other Income | 14,804 |
| Total Employee Compensation & Benefits | 116,800 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 145,773 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -118 |
| Cost of Funds | 16,750 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 56,410 |
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