Dec, 31, 2023 — BUTLER COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in BUTLER, PA with 1 branch location and about $28.29 million in total assets. Opened 85 years ago in 1939, BUTLER COUNTY TEACHERS FEDERAL CREDIT UNION has about 1,897 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BUTLER COUNTY TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 112 Campus Ln BUTLER, PA 16001 |
Phone: | (724) 283-9427 |
Fax: | (724) 283-4838 |
Website: | https://www.bctfcu.net |
Branches: | 1 branch locations |
Members: | 1,897 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3085 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $28,294,029 |
CEO/Manager: | Michelle A Furka |
Chairperson: | Pamela Schachern |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,293,117 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,708,351 |
Unsecured Loans | 1,197,175 |
Other Loans | 5,735,930 |
TOTAL LOANS | 10,641,456 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -39,831 |
Land And Building | 0 |
Other Fixed Assets | 10,568 |
NCUSIF Deposit | 286,003 |
All Other Assets | 0 |
TOTAL ASSETS | 28,294,029 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 63,855 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 10,116 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 25,719,300 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 25,719,301 |
TOTAL LIABILITIES | 25,793,272 |
Regular Reserve | 0 |
Other Reserves | 225,000 |
Undivided Earnings | 2,275,757 |
TOTAL EQUITY | 2,500,757 |
TOTAL LIABILITIES, SHARES, & EQUITY | 28,294,029 |
INCOME & EXPENSE | |
Loan Income | 386,150 |
Investment Income | 430,402 |
Other Income | 945 |
Total Employee Compensation & Benefits | 195,422 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 98,033 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 13,637 |
Cost of Funds | 266,105 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -163,914 |
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