KASE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — KASE FEDERAL CREDIT UNION is a federal credit union headquartered in Vandergrift, PA with 1 branch location and about $953,362 in total assets. Opened 60 years ago in 1964, KASE FEDERAL CREDIT UNION has about 194 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | KASE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 110 Grant Ave Vandergrift, PA 15690 |
| Phone: | (724) 568-1697 |
| Fax: | (724) 567-6664 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 194 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16242 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $953,362 |
| CEO/Manager: | Donna Flanagan |
| Chairperson: | David Marinelli |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 535,304 |
| TOTAL INVESTMENTS | 17,150 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 96,785 |
| Other Loans | 294,525 |
| TOTAL LOANS | 391,310 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | 457 |
| Land And Building | 0 |
| Other Fixed Assets | 16 |
| NCUSIF Deposit | 7,248 |
| All Other Assets | 1,877 |
| TOTAL ASSETS | 953,362 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,809 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 420 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 842,624 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 842,624 |
| TOTAL LIABILITIES | 844,853 |
| Regular Reserve | 43,196 |
| Other Reserves | 0 |
| Undivided Earnings | 65,313 |
| TOTAL EQUITY | 108,509 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 953,362 |
| INCOME & EXPENSE | |
| Loan Income | 10,367 |
| Investment Income | 321 |
| Other Income | 537 |
| Total Employee Compensation & Benefits | 10,180 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 12,707 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 2,175 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -13,837 |
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