Credit Unions Near Me
National Credit Union Service Organization

LOCOMOTIVE & CONTROL EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — LOCOMOTIVE & CONTROL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ERIE, PA with 1 branch location and about $18.83 million in total assets. Opened 88 years ago in 1936, LOCOMOTIVE & CONTROL EMPLOYEES FEDERAL CREDIT UNION has about 1,028 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOCOMOTIVE & CONTROL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
1286 E 38th St
ERIE, PA 16504-3039
Phone:(814) 825-6763
Fax:(814) 825-4141
Website:https://locomotivecontrolefcu.com
Branches:1 branch locations
Members:1,028
Credit Union Type:Federal Credit Union
Charter Number:1111
Membership Type:Multiple common bond - Primarily transportation equipment
Corporate Credit Union:No
Year Opened:1936
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$18,828,741
CEO/Manager:DEBRA A CRANE
Chairperson:Theodore I Freeman

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,282,045
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,299,341
 Unsecured Loans 588,478
 Other Loans 1,450,333
 TOTAL LOANS 5,338,153
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -22,096
 Land And Building 5,225
 Other Fixed Assets 17,035
 NCUSIF Deposit 151,766
 All Other Assets 0
  TOTAL ASSETS 18,828,741
LIABILITIES & CAPITAL:  
 Dividends Payable 45,073
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 51,149
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,170,271
 Regular shares 10,700,727
 All Other Shares & Deposits 2,520,348
  TOTAL SHARES & DEPOSITS 14,391,345
  TOTAL LIABILITIES 14,487,567
 Regular Reserve 0
 Other Reserves 300,000
 Undivided Earnings 4,041,174
  TOTAL EQUITY 4,341,174
  TOTAL LIABILITIES, SHARES, & EQUITY 18,828,741
INCOME & EXPENSE  
 Loan Income 245,715
 Investment Income 282,752
 Other Income 10,242
 Total Employee Compensation & Benefits 150,066
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 167,856
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,000
 Cost of Funds 63,621
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 199,377
↑ Back to Top

Other Credit Unions

ERIE CITY EMPLOYEES FEDERAL CREDIT UNION
5 E 34th St
ERIE, PA 16504-1507
ERIE TIMES FEDERAL CREDIT UNION
335 METZ ST
ERIE, PA 16508-2723
ERIE POLICE FEDERAL CREDIT UNION
300 State St Ste 303
ERIE, PA 16507
PHB EMPLOYEES FEDERAL CREDIT UNION
7773 W Ridge Rd
FAIRVIEW, PA 16415-1075
LAKE ERIE COMMUNITY FEDERAL CREDIT UNION
721 Rice Ave
GIRARD, PA 16417-1122
TRI STATE RAIL FEDERAL CREDIT UNION
110 W 13th St
ERIE, PA 16501
SAINT VINCENT ERIE FEDERAL CREDIT UNION
2314 Sassafras St Ste 100
ERIE, PA 16502
I B E W LOCAL 56 FEDERAL CREDIT UNION
962 W 20TH ST
ERIE, PA 16502-2401
ERIE FIREFIGHTERS FEDERAL CREDIT UNION
3204 Maple St
ERIE, PA 16508-2611
NORTH EAST WELCH FEDERAL CREDIT UNION
115 Clay St
NORTH EAST, PA 16428-1537