Jun, 30, 2024 — TOPMARK FEDERAL CREDIT UNION is a federal credit union headquartered in LIMA, OH with 3 branch locations and about $59.97 million in total assets. Opened 62 years ago in 1963, TOPMARK FEDERAL CREDIT UNION has about 9,073 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TOPMARK FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1045 N West St LIMA, OH 45801 |
| Phone: | (419) 223-5886 |
| Fax: | (419) 229-1273 |
| Website: | https://www.topmarkfcu.com |
| Branches: | 3 branch locations |
| Members: | 9,073 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15438 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $59,973,303 |
| CEO/Manager: | Angie R Maynard |
| Chairperson: | LaDoyt J Martz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,672,176 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 7,066,117 |
| Unsecured Loans | 4,247,971 |
| Other Loans | 19,595,391 |
| TOTAL LOANS | 30,909,479 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -85,357 |
| Land And Building | 2,123,019 |
| Other Fixed Assets | 300,527 |
| NCUSIF Deposit | 520,600 |
| All Other Assets | 0 |
| TOTAL ASSETS | 59,973,303 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 129,894 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,454,204 |
| Regular shares | 29,349,052 |
| All Other Shares & Deposits | 15,631,528 |
| TOTAL SHARES & DEPOSITS | 54,434,784 |
| TOTAL LIABILITIES | 54,564,678 |
| Regular Reserve | 0 |
| Other Reserves | 1,988,251 |
| Undivided Earnings | 3,420,374 |
| TOTAL EQUITY | 5,408,625 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 59,973,303 |
| INCOME & EXPENSE | |
| Loan Income | 1,222,830 |
| Investment Income | 179,370 |
| Other Income | 308,521 |
| Total Employee Compensation & Benefits | 981,690 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,095,239 |
| Non-operating Income & (Expense) | 60,000 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,500 |
| Cost of Funds | 65,135 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 99,772 |
| ↑ Back to Top | |