Dec, 31, 2023 — GNC COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in NEW CASTLE, PA with 2 branch locations and about $76.94 million in total assets. Opened 88 years ago in 1936, GNC COMMUNITY FEDERAL CREDIT UNION has about 12,756 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GNC COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 201 S Jefferson St NEW CASTLE, PA 16101 |
| Phone: | (724) 652-5783 |
| Fax: | (724) 652-9864 |
| Website: | https://www.gncfcu.com |
| Branches: | 2 branch locations |
| Members: | 12,756 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1542 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Sep 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $76,937,062 |
| CEO/Manager: | Julia L Gee |
| Chairperson: | Gary M Grant |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,472,252 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,747,478 |
| Unsecured Loans | 5,541,480 |
| Other Loans | 33,268,651 |
| TOTAL LOANS | 44,557,609 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -146,583 |
| Land And Building | 2,265,916 |
| Other Fixed Assets | 208,699 |
| NCUSIF Deposit | 687,403 |
| All Other Assets | 0 |
| TOTAL ASSETS | 76,937,062 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 11,625 |
| Notes & Interest Payable | 436,089 |
| Accounts Payable & Other Liabilities | 740,340 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,497,448 |
| Regular shares | 44,979,690 |
| All Other Shares & Deposits | 11,133,270 |
| TOTAL SHARES & DEPOSITS | 64,610,408 |
| TOTAL LIABILITIES | 65,798,462 |
| Regular Reserve | 0 |
| Other Reserves | 1,263,457 |
| Undivided Earnings | 9,875,143 |
| TOTAL EQUITY | 11,138,600 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 76,937,062 |
| INCOME & EXPENSE | |
| Loan Income | 2,078,711 |
| Investment Income | 432,006 |
| Other Income | 507,188 |
| Total Employee Compensation & Benefits | 1,027,570 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,164,500 |
| Non-operating Income & (Expense) | 595,704 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 199,195 |
| Cost of Funds | 344,977 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -122,633 |
| ↑ Back to Top | |