Dec, 31, 2023 — LEWISTON PORTER FEDERAL CREDIT UNION is a federal credit union headquartered in YOUNGSTOWN, NY with 1 branch location and about $14.77 million in total assets. Opened 68 years ago in 1956, LEWISTON PORTER FEDERAL CREDIT UNION has about 871 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: | LEWISTON PORTER FEDERAL CREDIT UNION |
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Address: (Main Office) | 4061 Creek Rd YOUNGSTOWN, NY 14174 |
Phone: | (716) 286-7293 |
Fax: | (716) 754-9398 |
Website: | https://www.lewistonporterfcu.com |
Branches: | 1 branch locations |
Members: | 871 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10728 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Jul 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $14,765,866 |
CEO/Manager: | Kenneth J Stadler |
Chairperson: | Janet Cirillo |
ASSETS: | $ Amount |
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Cash & Equivalents | 946,122 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,963,546 |
Unsecured Loans | 260,703 |
Other Loans | 2,447,644 |
TOTAL LOANS | 6,671,893 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -47,529 |
Land And Building | 0 |
Other Fixed Assets | 15,089 |
NCUSIF Deposit | 130,014 |
All Other Assets | 0 |
TOTAL ASSETS | 14,765,866 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,490 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 5,844 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,373,679 |
Regular shares | 9,879,380 |
All Other Shares & Deposits | 1,910,834 |
TOTAL SHARES & DEPOSITS | 13,163,893 |
TOTAL LIABILITIES | 13,172,227 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,593,639 |
TOTAL EQUITY | 1,593,639 |
TOTAL LIABILITIES, SHARES, & EQUITY | 14,765,866 |
INCOME & EXPENSE | |
Loan Income | 281,922 |
Investment Income | 110,942 |
Other Income | 21,972 |
Total Employee Compensation & Benefits | 170,129 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 118,233 |
Non-operating Income & (Expense) | 5,876 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 72,339 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 60,011 |
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