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USNE PENITENTIARY EMPLOYEES FEDERAL CREDIT UNION (USNEP FCU)

Dec, 31, 2023 — USNE PENITENTIARY EMPLOYEES FEDERAL CREDIT UNION (USNEP FCU) is a federal credit union headquartered in LEWISBURG, PA with 1 branch location and about $13.40 million in total assets. Opened 89 years ago in 1935, USNE PENITENTIARY EMPLOYEES FEDERAL CREDIT UNION (USNEP FCU) has about 1,264 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:USNE PENITENTIARY EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
30 E CT
LEWISBURG, PA 17837
Phone:(570) 523-1669
Fax:(570) 523-1711
Website:https://www.usnepfcu.org
Branches:1 branch locations
Members:1,264
Credit Union Type:Federal Credit Union
Charter Number:287
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1935
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$13,398,986
CEO/Manager:marshall l ulrich
Chairperson:richard c gemberling

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,423,277
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 337,449
 Other Loans 5,275,303
 TOTAL LOANS 5,612,752
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -23,442
 Land And Building 0
 Other Fixed Assets 49,591
 NCUSIF Deposit 139,716
 All Other Assets 0
  TOTAL ASSETS 13,398,986
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 982
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 11,839,885
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 11,839,885
  TOTAL LIABILITIES 11,840,867
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,558,119
  TOTAL EQUITY 1,558,119
  TOTAL LIABILITIES, SHARES, & EQUITY 13,398,986
INCOME & EXPENSE  
 Loan Income 234,370
 Investment Income 172,581
 Other Income 9
 Total Employee Compensation & Benefits 94,365
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 67,859
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 221,398
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 22,130
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