Dec, 31, 2023 — ALLEG-KISKI POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in NEW KENSINGTON, PA with 1 branch location and about $19.51 million in total assets. Opened 71 years ago in 1953, ALLEG-KISKI POSTAL FEDERAL CREDIT UNION has about 2,793 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALLEG-KISKI POSTAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 501 11th St NEW KENSINGTON, PA 15068 |
| Phone: | (724) 337-3717 |
| Fax: | (724) 337-9346 |
| Website: | https://www.akpostalfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,793 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8825 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $19,513,514 |
| CEO/Manager: | Elizabeth Ellwood |
| Chairperson: | A. Eugene Nagle |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,145,199 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 505,024 |
| Unsecured Loans | 2,798,164 |
| Other Loans | 5,503,287 |
| TOTAL LOANS | 8,806,475 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -105,988 |
| Land And Building | 0 |
| Other Fixed Assets | 2,324 |
| NCUSIF Deposit | 188,069 |
| All Other Assets | 0 |
| TOTAL ASSETS | 19,513,514 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,031 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 10,151 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,335,658 |
| Regular shares | 14,427,443 |
| All Other Shares & Deposits | 574,429 |
| TOTAL SHARES & DEPOSITS | 16,337,530 |
| TOTAL LIABILITIES | 16,349,712 |
| Regular Reserve | 0 |
| Other Reserves | 317,177 |
| Undivided Earnings | 2,846,625 |
| TOTAL EQUITY | 3,163,802 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 19,513,514 |
| INCOME & EXPENSE | |
| Loan Income | 584,723 |
| Investment Income | 304,089 |
| Other Income | 36,696 |
| Total Employee Compensation & Benefits | 281,429 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 354,204 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 96,948 |
| Cost of Funds | 27,971 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 231,474 |
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