Dec, 31, 2023 — NOTEWORTHY FEDERAL CREDIT UNION is a federal credit union headquartered in CLEVELAND, OH with 1 branch location and about $4.32 million in total assets. Opened 64 years ago in 1960, NOTEWORTHY FEDERAL CREDIT UNION has about 800 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NOTEWORTHY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1900 Superior Ave E Ste 126 CLEVELAND, OH 44114-2128 |
Phone: | (216) 263-7034 |
Fax: | (216) 263-7030 |
Website: | https://www.noteworthyfcu.com |
Branches: | 1 branch locations |
Members: | 800 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13559 |
---|---|
Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,321,773 |
CEO/Manager: | Colleen G Sherman |
Chairperson: | Henry L Peyrebrune |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 866,030 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 225,482 |
Other Loans | 3,165,012 |
TOTAL LOANS | 3,390,495 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -26,619 |
Land And Building | 0 |
Other Fixed Assets | 6,900 |
NCUSIF Deposit | 39,175 |
All Other Assets | 0 |
TOTAL ASSETS | 4,321,773 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,109 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 347,340 |
Regular shares | 937,514 |
All Other Shares & Deposits | 2,542,864 |
TOTAL SHARES & DEPOSITS | 3,827,718 |
TOTAL LIABILITIES | 3,829,827 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 491,946 |
TOTAL EQUITY | 491,946 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,321,773 |
INCOME & EXPENSE | |
Loan Income | 290,842 |
Investment Income | 32,337 |
Other Income | 13,760 |
Total Employee Compensation & Benefits | 131,920 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 127,492 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,340 |
Cost of Funds | 61,393 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 38,901 |
↑ Back to Top |