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URE FEDERAL CREDIT UNION

Mar, 31, 2021 — URE FEDERAL CREDIT UNION is a federal credit union headquartered in East Pittsburgh, PA with 1 branch location and about $9.94 million in total assets. Opened 85 years ago in 1936, URE FEDERAL CREDIT UNION has about 1,114 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 Street
East Pittsburgh, PA 15112
Phone:(412) 824-1166
Fax:(412) 824-0310
Website:http://urefcu.org
Branches:1 branch locations
Members:1,114
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$9,941,473
CEO/Manager:Judy A Wagner
Chairperson:Paul L Weir

Call Report

  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,531,988
TOTAL INVESTMENTS 4,108,421
Loans Held for Sale 0
 
 Real Estate Loans 256,936
 Unsecured Loans 1,133,106
 Other Loans 2,797,664
 TOTAL LOANS 4,187,706
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -26,647
 Land And Building 15,003
 Other Fixed Assets 2,767
 NCUSIF Deposit 72,964
 All Other Assets 49,271
  TOTAL ASSETS 9,941,473
LIABILITIES & CAPITAL:  
 Dividends Payable 5,141
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 13,787
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 887,503
 Regular shares 6,241,063
 All Other Shares & Deposits 1,275,971
  TOTAL SHARES & DEPOSITS 8,404,537
  TOTAL LIABILITIES 8,423,465
 Regular Reserve 130,265
 Other Reserves 0
 Undivided Earnings 1,387,743
  TOTAL EQUITY 1,518,008
  TOTAL LIABILITIES, SHARES, & EQUITY 9,941,473
INCOME & EXPENSE  
 Loan Income 71,743
 Investment Income 17,013
 Other Income 4,188
 Total Employee Compensation & Benefits 48,310
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 37,213
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 5,116
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,631
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