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TROY AREA SCHOOL EMP. FEDERAL CREDIT UNION

Dec, 31, 2023 — TROY AREA SCHOOL EMP. FEDERAL CREDIT UNION is a federal credit union headquartered in Troy, PA with 1 branch location and about $1.39 million in total assets. Opened 46 years ago in 1978, TROY AREA SCHOOL EMP. FEDERAL CREDIT UNION has about 200 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TROY AREA SCHOOL EMP. FEDERAL CREDIT UNION
Address:
(Main Office)
2606 Old Kennedy Rd
Troy, PA 16947-9783
Phone:(570) 250-5068
Fax:
Website:n/a
Branches:1 branch locations
Members:200
Credit Union Type:Federal Credit Union
Charter Number:23258
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1978
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$1,386,254
CEO/Manager:Laura Brown
Chairperson:Bonnie Bixby

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 952,461
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 150,002
 Other Loans 0
 TOTAL LOANS 150,002
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -24,507
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 19,785
 All Other Assets 0
  TOTAL ASSETS 1,386,254
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,023
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,097,211
 All Other Shares & Deposits 54,203
  TOTAL SHARES & DEPOSITS 1,151,414
  TOTAL LIABILITIES 1,157,437
 Regular Reserve 0
 Other Reserves 9,759
 Undivided Earnings 219,058
  TOTAL EQUITY 228,817
  TOTAL LIABILITIES, SHARES, & EQUITY 1,386,254
INCOME & EXPENSE  
 Loan Income 5,772
 Investment Income 1,306
 Other Income 2
 Total Employee Compensation & Benefits 8,910
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,310
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,128
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -6,268
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