Dec, 31, 2023 — AMERICAN PRIDE CREDIT UNION is a federally insured state chartered credit union headquartered in ALTOONA, PA with 1 branch location and about $22.40 million in total assets. Opened 90 years ago in 1934, AMERICAN PRIDE CREDIT UNION has about 1,897 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | AMERICAN PRIDE CREDIT UNION |
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Address: (Main Office) | 1431 Valley View Blvd ALTOONA, PA 16602 |
Phone: | (814) 946-3045 |
Fax: | (814) 946-5232 |
Website: | https://www.americanpridecu.org |
Branches: | 1 branch locations |
Members: | 1,897 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60389 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $22,396,470 |
CEO/Manager: | Ted L Glunt |
Chairperson: | Nick F Spallone |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,299,512 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,548,310 |
Unsecured Loans | 1,074,153 |
Other Loans | 1,952,892 |
TOTAL LOANS | 7,575,355 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -58,610 |
Land And Building | 701,980 |
Other Fixed Assets | 31,663 |
NCUSIF Deposit | 205,412 |
All Other Assets | 0 |
TOTAL ASSETS | 22,396,470 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,848 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 227,265 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,031,362 |
Regular shares | 13,884,119 |
All Other Shares & Deposits | 1,197,318 |
TOTAL SHARES & DEPOSITS | 20,112,799 |
TOTAL LIABILITIES | 20,344,912 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,051,558 |
TOTAL EQUITY | 2,051,558 |
TOTAL LIABILITIES, SHARES, & EQUITY | 22,396,470 |
INCOME & EXPENSE | |
Loan Income | 312,415 |
Investment Income | 379,329 |
Other Income | 79,838 |
Total Employee Compensation & Benefits | 217,058 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 342,361 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,500 |
Cost of Funds | 23,228 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 282,745 |
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