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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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