Dec, 31, 2023 — ERIE CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ERIE, PA with 1 branch location and about $7.17 million in total assets. Opened 71 years ago in 1953, ERIE CITY EMPLOYEES FEDERAL CREDIT UNION has about 836 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: | ERIE CITY EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 5 E 34th St ERIE, PA 16504-1507 |
Phone: | (814) 455-4888 |
Fax: | (814) 455-4937 |
Website: | https://eriecityemployeesfcu.wixsit |
Branches: | 1 branch locations |
Members: | 836 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 8913 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,167,086 |
CEO/Manager: | Maria A Servey-Bartell |
Chairperson: | Ronald Loader |
ASSETS: | $ Amount |
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Cash & Equivalents | 510,278 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,535,311 |
Other Loans | 3,109,046 |
TOTAL LOANS | 4,644,357 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -41,536 |
Land And Building | 111,134 |
Other Fixed Assets | 2,068 |
NCUSIF Deposit | 57,830 |
All Other Assets | 0 |
TOTAL ASSETS | 7,167,086 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,570 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 3,013,594 |
All Other Shares & Deposits | 2,621,305 |
TOTAL SHARES & DEPOSITS | 5,634,899 |
TOTAL LIABILITIES | 5,638,469 |
Regular Reserve | 0 |
Other Reserves | 215,000 |
Undivided Earnings | 1,313,617 |
TOTAL EQUITY | 1,528,617 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,167,086 |
INCOME & EXPENSE | |
Loan Income | 256,921 |
Investment Income | -1,939 |
Other Income | 1,760 |
Total Employee Compensation & Benefits | 139,959 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 70,229 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,350 |
Cost of Funds | 76,628 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -51,688 |
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