T. C. W. H. #585 FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — T. C. W. H. #585 FEDERAL CREDIT UNION is a federal credit union headquartered in Washington, PA with 1 branch location and about $396,096 in total assets. Opened 58 years ago in 1966, T. C. W. H. #585 FEDERAL CREDIT UNION has about 180 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | T. C. W. H. #585 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 457 Tyler Ave Washington, PA 15301-3842 |
| Phone: | (724) 222-0101 |
| Fax: | (724) 222-0354 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 180 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24531 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $396,096 |
| CEO/Manager: | Judy L Humphreys |
| Chairperson: | Charlene McVay |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 279,709 |
| TOTAL INVESTMENTS | 3,565 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 22,365 |
| Other Loans | 93,994 |
| TOTAL LOANS | 116,359 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,191 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 3,934 |
| All Other Assets | 2,720 |
| TOTAL ASSETS | 396,096 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 157 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 357,613 |
| All Other Shares & Deposits | 23,521 |
| TOTAL SHARES & DEPOSITS | 381,134 |
| TOTAL LIABILITIES | 381,291 |
| Regular Reserve | 18,188 |
| Other Reserves | 0 |
| Undivided Earnings | -3,383 |
| TOTAL EQUITY | 14,805 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 396,096 |
| INCOME & EXPENSE | |
| Loan Income | 8,857 |
| Investment Income | 13 |
| Other Income | 383 |
| Total Employee Compensation & Benefits | 10,642 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 10,808 |
| Non-operating Income & (Expense) | 25 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 0 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -12,172 |
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