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KNOLL EMPLOYEES CREDIT UNION

Dec, 31, 2023 — KNOLL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in EAST GREENVILLE, PA with 1 branch location and about $7.72 million in total assets. Opened 50 years ago in 1974, KNOLL EMPLOYEES CREDIT UNION has about 733 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KNOLL EMPLOYEES CREDIT UNION
Address:
(Main Office)
1235 WATER ST
EAST GREENVILLE, PA 18041-2202
Phone:(215) 693-6267
Fax:(215) 821-1160
Website:n/a
Branches:1 branch locations
Members:733
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:62787
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1974
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$7,719,673
CEO/Manager:GLENN NEIMAN
Chairperson:DEBRA SHINN

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 472,117
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 596,284
 Unsecured Loans 179,681
 Other Loans 1,722,068
 TOTAL LOANS 2,498,033
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,845
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 64,730
 All Other Assets 0
  TOTAL ASSETS 7,719,673
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 12,459
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 5,739,541
 All Other Shares & Deposits 590,530
  TOTAL SHARES & DEPOSITS 6,330,071
  TOTAL LIABILITIES 6,342,530
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,377,143
  TOTAL EQUITY 1,377,143
  TOTAL LIABILITIES, SHARES, & EQUITY 7,719,673
INCOME & EXPENSE  
 Loan Income 82,570
 Investment Income 64,278
 Other Income 4,645
 Total Employee Compensation & Benefits 89,429
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 50,195
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,400
 Cost of Funds 6,537
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 8,539
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