Dec, 31, 2023 — E R R L FEDERAL CREDIT UNION is a federal credit union headquartered in WYNDMOOR, PA with 0 branch location and about $1.21 million in total assets. Opened 82 years ago in 1942, E R R L FEDERAL CREDIT UNION has about 229 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | E R R L FEDERAL CREDIT UNION |
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Address: (Main Office) | 600 E Mermaid Ln WYNDMOOR, PA 19038 |
Phone: | (215) 836-5596 |
Fax: | (215) 836-7521 |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 229 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 4871 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1942 |
Last Audited: | Feb 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,212,455 |
CEO/Manager: | KAREN CALLOW |
Chairperson: | Bassam Annous |
ASSETS: | $ Amount |
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Cash & Equivalents | 143,297 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 129,158 |
Other Loans | 335,110 |
TOTAL LOANS | 464,268 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,662 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 11,180 |
All Other Assets | 0 |
TOTAL ASSETS | 1,212,455 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 782 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,054,349 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,054,349 |
TOTAL LIABILITIES | 1,055,131 |
Regular Reserve | 0 |
Other Reserves | 38,272 |
Undivided Earnings | 119,052 |
TOTAL EQUITY | 157,324 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,212,455 |
INCOME & EXPENSE | |
Loan Income | 24,064 |
Investment Income | 21,748 |
Other Income | 3 |
Total Employee Compensation & Benefits | 17,562 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 11,459 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 112 |
Cost of Funds | 13,347 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 4,488 |
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