Dec, 31, 2023 — COPPER & GLASS FEDERAL CREDIT UNION is a federal credit union headquartered in GLASSPORT, PA with 1 branch location and about $7.08 million in total assets. Opened 86 years ago in 1938, COPPER & GLASS FEDERAL CREDIT UNION has about 1,357 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: | COPPER & GLASS FEDERAL CREDIT UNION |
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Address: (Main Office) | 531 MONONGAHELA ave GLASSPORT, PA 15045 |
Phone: | (412) 673-9028 |
Fax: | (412) 673-9038 |
Website: | https://www.copperandglassfcu.com/ |
Branches: | 1 branch locations |
Members: | 1,357 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2796 |
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Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,082,140 |
CEO/Manager: | ROSANNA DIMARCO |
Chairperson: | ROY SAXTON |
ASSETS: | $ Amount |
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Cash & Equivalents | 881,132 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 31,499 |
Unsecured Loans | 1,429,149 |
Other Loans | 2,529,564 |
TOTAL LOANS | 3,990,212 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -119,901 |
Land And Building | 16,100 |
Other Fixed Assets | 18,445 |
NCUSIF Deposit | 63,657 |
All Other Assets | 0 |
TOTAL ASSETS | 7,082,140 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,256 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 5,783 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,586,337 |
Regular shares | 3,930,745 |
All Other Shares & Deposits | 741,426 |
TOTAL SHARES & DEPOSITS | 6,258,509 |
TOTAL LIABILITIES | 6,265,548 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 816,592 |
TOTAL EQUITY | 816,592 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,082,140 |
INCOME & EXPENSE | |
Loan Income | 268,727 |
Investment Income | 96,030 |
Other Income | 29,200 |
Total Employee Compensation & Benefits | 168,801 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 210,002 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 39,166 |
Cost of Funds | 6,275 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 21,344 |
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