FORMICA-EVENDALE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.formicafcu.com for more information.
Dec, 31, 2023 — FORMICA-EVENDALE FEDERAL CREDIT UNION is a federal credit union headquartered in EVENDALE, OH with 1 branch location and about $1.26 million in total assets. Opened 48 years ago in 1976, FORMICA-EVENDALE FEDERAL CREDIT UNION has about 267 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FORMICA-EVENDALE FEDERAL CREDIT UNION |
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Address: (Main Office) | 10155 READING ROAD EVENDALE, OH 45241-3109 |
Phone: | (513) 786-3101 |
Fax: | (513) 786-3279 |
Website: | https://www.formicafcu.com |
Branches: | 1 branch locations |
Members: | 267 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22554 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1976 |
Last Audited: | Sep 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,264,389 |
CEO/Manager: | KATHY DOLEZAL |
Chairperson: | Jeff Wagner |
ASSETS: | $ Amount |
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Cash & Equivalents | 204,532 |
TOTAL INVESTMENTS | 373,008 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 229,786 |
Other Loans | 459,573 |
TOTAL LOANS | 689,359 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,725 |
Land And Building | 0 |
Other Fixed Assets | 1,244 |
NCUSIF Deposit | 11,649 |
All Other Assets | 322 |
TOTAL ASSETS | 1,264,389 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 47,249 |
Regular shares | 689,123 |
All Other Shares & Deposits | 110,486 |
TOTAL SHARES & DEPOSITS | 846,858 |
TOTAL LIABILITIES | 846,858 |
Regular Reserve | 25,734 |
Other Reserves | 0 |
Undivided Earnings | 391,797 |
TOTAL EQUITY | 417,531 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,264,389 |
INCOME & EXPENSE | |
Loan Income | 38,950 |
Investment Income | 6,323 |
Other Income | 5,104 |
Total Employee Compensation & Benefits | 52,259 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 28,541 |
Non-operating Income & (Expense) | 19 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 2,864 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -33,268 |
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