Credit Unions Near Me
National Credit Union Service Organization

1ST ED CREDIT UNION

Dec, 31, 2023 — 1ST ED CREDIT UNION is a federally insured state chartered credit union headquartered in CHAMBERSBURG, PA with 3 branch locations and about $131.93 million in total assets. Opened 86 years ago in 1938, 1ST ED CREDIT UNION has about 7,676 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 231379966
Name:1ST ED CREDIT UNION
Address:
(Main Office)
1156 Kennebec Dr
CHAMBERSBURG, PA 17201
Phone:(717) 264-6506
Fax:(717) 264-2441
Website:https://www.1edcu.org
Branches:3 branch locations
Members:7,676
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:65412
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1938
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$131,934,726
CEO/Manager:Kelly Childress
Chairperson:Roy H Johnston

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,196,366
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 30,804,181
 Unsecured Loans 6,381,706
 Other Loans 14,110,547
 TOTAL LOANS 51,296,434
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -471,407
 Land And Building 1,001,575
 Other Fixed Assets 562,679
 NCUSIF Deposit 1,118,962
 All Other Assets 0
  TOTAL ASSETS 131,934,726
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,225,768
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 15,156,612
 Regular shares 42,972,489
 All Other Shares & Deposits 56,966,873
  TOTAL SHARES & DEPOSITS 115,095,974
  TOTAL LIABILITIES 116,321,742
 Regular Reserve 0
 Other Reserves -3,796,624
 Undivided Earnings 19,409,608
  TOTAL EQUITY 15,612,984
  TOTAL LIABILITIES, SHARES, & EQUITY 131,934,726
INCOME & EXPENSE  
 Loan Income 2,520,019
 Investment Income 1,422,348
 Other Income 233,065
 Total Employee Compensation & Benefits 1,503,653
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,735,845
 Non-operating Income & (Expense) 385,743
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -36,000
 Cost of Funds 917,113
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 440,497
↑ Back to Top

Other Credit Unions

BEDCO HOSPITAL FEDERAL CREDIT UNION
10455 Lincoln Hwy
EVERETT, PA 15537
KENNAFORD FEDERAL CREDIT UNION
442 Chalybeate Rd
BEDFORD, PA 15522
PACE RESOURCES FEDERAL CREDIT UNION
445 W PHILADELPHIA ST
YORK, PA 17401
WILMAC EMPLOYEES' CREDIT UNION
PO Box 5047
YORK, PA 17405
FIRST AREA FEDERAL CREDIT UNION
23 S Dorcas St
LEWISTOWN, PA 17044
SUSQUEHANNA VALLEY FEDERAL CREDIT UNION
3850 Hartzdale Dr
CAMP HILL, PA 17011-7809
GLATCO CREDIT UNION
53 S Main St
SPRING GROVE, PA 17362
MORRISONS COVE 1ST FEDERAL CREDIT UNION
7533 Woodbury Pike
ROARING SPRING, PA 16673
AMERICHOICE FEDERAL CREDIT UNION
2175 Bumble Bee Hollow Rd
MECHANICSBURG, PA 17055-5563
NEW CUMBERLAND FEDERAL CREDIT UNION
345 Lewisberry Rd
NEW CUMBERLAND, PA 17070-2306