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PLUMBERS 55 FEDERAL CREDIT UNION

Sep, 30, 2025 — PLUMBERS 55 FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN HEIGHTS, OH with 1 branch location and about $2.82 million in total assets. Opened 59 years ago in 1967, PLUMBERS 55 FEDERAL CREDIT UNION has about 1,033 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PLUMBERS 55 FEDERAL CREDIT UNION
Address:
(Main Office)
980 Keynote Cir
BROOKLYN HEIGHTS, OH 44131-1828
Phone:(216) 459-2432
Fax:(216) 459-2432
Website:n/a
Branches:1 branch locations
Members:1,033
Credit Union Type:Federal Credit Union
Charter Number:18013
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1967
Last Audited:Dec 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$2,817,156
CEO/Manager:BILL SNORTELAND
Chairperson:Kevin Filko

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 627,035
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 29,052
 Other Loans 686,345
 TOTAL LOANS 715,396
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,787
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 23,532
 All Other Assets 0
  TOTAL ASSETS 2,817,156
LIABILITIES & CAPITAL:  
 Dividends Payable 1,453
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,943
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,999,955
 All Other Shares & Deposits 266,048
  TOTAL SHARES & DEPOSITS 2,266,003
  TOTAL LIABILITIES 2,269,399
 Regular Reserve 0
 Other Reserves 89,237
 Undivided Earnings 458,520
  TOTAL EQUITY 547,757
  TOTAL LIABILITIES, SHARES, & EQUITY 2,817,156
INCOME & EXPENSE  
 Loan Income 25,249
 Investment Income 33,407
 Other Income 420
 Total Employee Compensation & Benefits 20,925
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 22,751
 Non-operating Income & (Expense) 28
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,392
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,036
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