Dec, 31, 2023 — HIDDEN RIVER CREDIT UNION is a federally insured state chartered credit union headquartered in POTTSVILLE, PA with 4 branch locations and about $216.08 million in total assets. Opened 71 years ago in 1953, HIDDEN RIVER CREDIT UNION has about 19,732 members and employs 37 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HIDDEN RIVER CREDIT UNION |
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Address: (Main Office) | 60 Westwood Rd POTTSVILLE, PA 17901-1834 |
Phone: | (570) 622-3399 |
Fax: | (570) 622-5801 |
Website: | https://www.hdriver.org |
Branches: | 4 branch locations |
Members: | 19,732 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64932 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $216,081,122 |
CEO/Manager: | John H Murga |
Chairperson: | George Zweibel |
ASSETS: | $ Amount |
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Cash & Equivalents | 11,217,121 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 42,256,552 |
Unsecured Loans | 8,855,415 |
Other Loans | 38,284,653 |
TOTAL LOANS | 89,396,620 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -357,323 |
Land And Building | 3,818,293 |
Other Fixed Assets | 303,723 |
NCUSIF Deposit | 1,911,817 |
All Other Assets | 0 |
TOTAL ASSETS | 216,081,122 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 903,153 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 33,063,817 |
Regular shares | 87,271,144 |
All Other Shares & Deposits | 76,927,245 |
TOTAL SHARES & DEPOSITS | 197,262,206 |
TOTAL LIABILITIES | 198,174,670 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 17,906,452 |
TOTAL EQUITY | 17,906,452 |
TOTAL LIABILITIES, SHARES, & EQUITY | 216,081,122 |
INCOME & EXPENSE | |
Loan Income | 4,062,346 |
Investment Income | 2,193,299 |
Other Income | 527,517 |
Total Employee Compensation & Benefits | 2,328,180 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,157,538 |
Non-operating Income & (Expense) | 110 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 380,203 |
Cost of Funds | 1,673,892 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,144,879 |
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