COMMUNITY UNITED CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.cu-cu.org for more information.
Dec, 31, 2023 — COMMUNITY UNITED CREDIT UNION is a non-federally insured state credit union headquartered in Strongsville, OH with 2 branch locations and about $12.83 million in total assets. Opened 52 years ago in 1972, COMMUNITY UNITED CREDIT UNION has about 1,935 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COMMUNITY UNITED CREDIT UNION |
---|---|
Address: (Main Office) | 10883 Pearl Rd, Ste 203 Strongsville, OH 44136 |
Phone: | (440) 572-9950 |
Fax: | (440) 572-9914 |
Website: | https://www.cu-cu.org |
Branches: | 2 branch locations |
Members: | 1,935 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 97092 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1972 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $12,828,184 |
CEO/Manager: | Donna J Hovatter |
Chairperson: | Susan Madden |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 609,533 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,022,514 |
Unsecured Loans | 462,791 |
Other Loans | 4,814,452 |
TOTAL LOANS | 6,299,757 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,961 |
Land And Building | 0 |
Other Fixed Assets | 27,630 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 12,828,184 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 19,662 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,729,261 |
Regular shares | 6,352,848 |
All Other Shares & Deposits | 3,020,652 |
TOTAL SHARES & DEPOSITS | 11,102,761 |
TOTAL LIABILITIES | 11,122,423 |
Regular Reserve | 0 |
Other Reserves | 635,115 |
Undivided Earnings | 1,070,646 |
TOTAL EQUITY | 1,705,761 |
TOTAL LIABILITIES, SHARES, & EQUITY | 12,828,184 |
INCOME & EXPENSE | |
Loan Income | 186,989 |
Investment Income | 44,923 |
Other Income | 47,053 |
Total Employee Compensation & Benefits | 83,938 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 195,187 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,571 |
Cost of Funds | 12,594 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 7,118 |
↑ Back to Top |