BESSEMER SYSTEM Credit Union Profile

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BESSEMER SYSTEM

Charter #4982 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (724) 588-6119

Fax: (724) 588-5344

Founding Date: N/A

Website: http://www.bessfcu.com

Personnel & Operations

President: Edwards, Timothy

Manager: Peterson, Joy

FT Employees: 7

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: 9 a.m. to 5 p.m. Monday through Thursday 9

Credit Union Profile Summary

BESSEMER SYSTEM is a FCU Credit Union. With a total of 3,208 members [1], this institution manages approximately $45,487,468 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 11.24% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -28.75% [1].

Financial Snapshot

Total Assets [1]
$45,487,468

Total economic resources.

Total Loans [1]
$9,954,467

Total value of outstanding loans.

Total Deposits [1]
$40,367,750

Total funds deposited by members.

Members [1]
3,208

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.24%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.31%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
24.66%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
3.37%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-28.75%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-6.31%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

106 Woodfield Dr

Greenville, PA, 16125

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by BESSEMER SYSTEM (Charter #4982).

Main Office

Bessemer System FCU Main Office

Type: Corporate Office

106 Woodfield Dr

Greenville, PA 16125

Phone: (724) 588-6119

Services: Member Services, Drive-Thru

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