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PAKCO EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — PAKCO EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in LATROBE, PA with 1 branch location and about $1.08 million in total assets. Opened 75 years ago in 1949, PAKCO EMPLOYEES FEDERAL CREDIT UNION has about 137 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PAKCO EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
147 ELEANOR DR
LATROBE, PA 15650
Phone:(724) 537-3004
Fax:
Website:n/a
Branches:1 branch locations
Members:137
Credit Union Type:Federal Credit Union
Charter Number:6188
Membership Type:Single common bond - other
Corporate Credit Union:No
Year Opened:1949
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,075,241
CEO/Manager:THOMAS L BRUBAKER
Chairperson:JOSEPH C MOWRY

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 179,694
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 145,062
 Other Loans 285,953
 TOTAL LOANS 431,015
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,219
 Land And Building 0
 Other Fixed Assets 13
 NCUSIF Deposit 7,434
 All Other Assets 0
  TOTAL ASSETS 1,075,241
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 40
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,010,043
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,010,043
  TOTAL LIABILITIES 1,010,083
 Regular Reserve 0
 Other Reserves 26,578
 Undivided Earnings 38,580
  TOTAL EQUITY 65,158
  TOTAL LIABILITIES, SHARES, & EQUITY 1,075,241
INCOME & EXPENSE  
 Loan Income 13,697
 Investment Income 2,889
 Other Income 190
 Total Employee Compensation & Benefits 9,174
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 9,765
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,152
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -6,246
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