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CENTURY HERITAGE FEDERAL CREDIT UNION

Dec, 31, 2023 — CENTURY HERITAGE FEDERAL CREDIT UNION is a federal credit union headquartered in PITTSBURGH, PA with 6 branch locations and about $264.87 million in total assets. Opened 88 years ago in 1936, CENTURY HERITAGE FEDERAL CREDIT UNION has about 18,327 members and employs 46 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: 243380516
Name:CENTURY HERITAGE FEDERAL CREDIT UNION
Address:
(Main Office)
700 REGIS AVE
PITTSBURGH, PA 15236-1425
Phone:(412) 650-2600
Fax:(412) 650-3482
Website:https://chfcu.org
Branches:6 branch locations
Members:18,327
Credit Union Type:Federal Credit Union
Charter Number:1352
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1936
Last Audited:Jun 01, 2023
FHLB Member:Yes
Low Income Designation:No
Assets:$264,872,298
CEO/Manager:Vincent C Cerasuolo
Chairperson:Edward J Skweres

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,464,558
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 83,477,853
 Unsecured Loans 6,026,226
 Other Loans 86,310,630
 TOTAL LOANS 175,930,962
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -449,745
 Land And Building 3,109,689
 Other Fixed Assets 546,930
 NCUSIF Deposit 2,097,736
 All Other Assets 0
  TOTAL ASSETS 264,872,298
LIABILITIES & CAPITAL:  
 Dividends Payable 12
 Notes & Interest Payable 16,634,569
 Accounts Payable & Other Liabilities 1,618,447
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 26,629,664
 Regular shares 73,932,966
 All Other Shares & Deposits 123,995,809
  TOTAL SHARES & DEPOSITS 224,558,439
  TOTAL LIABILITIES 242,811,467
 Regular Reserve 0
 Other Reserves 3,825,289
 Undivided Earnings 18,235,542
  TOTAL EQUITY 22,060,831
  TOTAL LIABILITIES, SHARES, & EQUITY 264,872,298
INCOME & EXPENSE  
 Loan Income 7,767,013
 Investment Income 2,539,277
 Other Income 546,937
 Total Employee Compensation & Benefits 3,729,729
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,676,959
 Non-operating Income & (Expense) -13,929
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 306,539
 Cost of Funds 3,158,861
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,110,597
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