Dec, 31, 2023 — FORT LIGONIER FEDERAL CREDIT UNION is a federal credit union headquartered in JEROME, PA with 2 branch locations and about $2.98 million in total assets. Opened 66 years ago in 1958, FORT LIGONIER FEDERAL CREDIT UNION has about 362 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FORT LIGONIER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1917 Penn Avenue JEROME, PA 15937 |
| Phone: | (814) 242-4155 |
| Fax: | |
| Website: | n/a |
| Branches: | 2 branch locations |
| Members: | 362 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12505 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,976,882 |
| CEO/Manager: | Sheri L Zambanini |
| Chairperson: | Allen Abbott |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 187,144 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 162,295 |
| Other Loans | 947,105 |
| TOTAL LOANS | 1,109,400 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,799 |
| Land And Building | 0 |
| Other Fixed Assets | 2,337 |
| NCUSIF Deposit | 25,285 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,976,882 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 8,584 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,481,146 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,481,145 |
| TOTAL LIABILITIES | 2,489,729 |
| Regular Reserve | 0 |
| Other Reserves | 54,909 |
| Undivided Earnings | 432,244 |
| TOTAL EQUITY | 487,153 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,976,882 |
| INCOME & EXPENSE | |
| Loan Income | 40,546 |
| Investment Income | 76,733 |
| Other Income | 6 |
| Total Employee Compensation & Benefits | 24,645 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 26,683 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,335 |
| Cost of Funds | 39,805 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 15,817 |
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