ARTMET FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — ARTMET FEDERAL CREDIT UNION is a federal credit union headquartered in STOUGHTON, MA with 1 branch location and about $338,974 in total assets. Opened 72 years ago in 1952, ARTMET FEDERAL CREDIT UNION has about 48 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ARTMET FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 44 CAMPANELLI PARKWAY STOUGHTON, MA 02072 |
| Phone: | (781) 893-6800 |
| Fax: | (781) 647-0143 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 48 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7891 |
|---|---|
| Membership Type: | Manufacturing - Primary and Fabricated Metals |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Apr 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $338,974 |
| CEO/Manager: | Robin Orifice |
| Chairperson: | Christian Houmiller |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 206,972 |
| TOTAL INVESTMENTS | 30,114 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 8,259 |
| Other Loans | 82,521 |
| TOTAL LOANS | 90,780 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,272 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 5,926 |
| All Other Assets | 13,454 |
| TOTAL ASSETS | 338,974 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 817 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 297,359 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 297,359 |
| TOTAL LIABILITIES | 298,176 |
| Regular Reserve | 41,000 |
| Other Reserves | 0 |
| Undivided Earnings | -202 |
| TOTAL EQUITY | 40,798 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 338,974 |
| INCOME & EXPENSE | |
| Loan Income | 3,500 |
| Investment Income | 0 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 4,844 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,804 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 12,611 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -17,759 |
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