TOWANDA SCHOOL EMP. FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — TOWANDA SCHOOL EMP. FEDERAL CREDIT UNION is a federal credit union headquartered in TOWANDA, PA with 2 branch locations and about $394,998 in total assets. Opened 45 years ago in 1979, TOWANDA SCHOOL EMP. FEDERAL CREDIT UNION has about 112 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TOWANDA SCHOOL EMP. FEDERAL CREDIT UNION |
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Address: (Main Office) | 3689 OLD PLANK RD TOWANDA, PA 18848 |
Phone: | (607) 372-7224 |
Fax: | |
Website: | n/a |
Branches: | 2 branch locations |
Members: | 112 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 23509 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1979 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $394,998 |
CEO/Manager: | Marcia R Field |
Chairperson: | Mary Ellen Maurer |
ASSETS: | $ Amount |
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Cash & Equivalents | 474 |
TOTAL INVESTMENTS | 300,000 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 101,341 |
Other Loans | 0 |
TOTAL LOANS | 101,341 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,514 |
Land And Building | 0 |
Other Fixed Assets | 2,927 |
NCUSIF Deposit | 3,770 |
All Other Assets | 0 |
TOTAL ASSETS | 394,998 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 326,541 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 326,541 |
TOTAL LIABILITIES | 326,541 |
Regular Reserve | 25,576 |
Other Reserves | 0 |
Undivided Earnings | 42,881 |
TOTAL EQUITY | 68,457 |
TOTAL LIABILITIES, SHARES, & EQUITY | 394,998 |
INCOME & EXPENSE | |
Loan Income | 10,005 |
Investment Income | 735 |
Other Income | 140 |
Total Employee Compensation & Benefits | 7,200 |
NCUSIF Premiums Expense | 2,970 |
Total Other Operating Expenses | 5,305 |
Non-operating Income & (Expense) | 3,710 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,336 |
Cost of Funds | 519 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -3,740 |
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