Dec, 31, 2023 — PLUMBERS 55 FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN HEIGHTS, OH with 1 branch location and about $3.10 million in total assets. Opened 57 years ago in 1967, PLUMBERS 55 FEDERAL CREDIT UNION has about 1,027 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: | 1,027 |
| 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, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,097,065 |
| CEO/Manager: | BILL SNORTELAND |
| Chairperson: | Kevin Filko |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 409,067 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 27,567 |
| Other Loans | 773,774 |
| TOTAL LOANS | 801,341 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,744 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 25,155 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,097,065 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,178 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 195,218 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,371,277 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,371,277 |
| TOTAL LIABILITIES | 2,567,673 |
| Regular Reserve | 0 |
| Other Reserves | 89,237 |
| Undivided Earnings | 440,155 |
| TOTAL EQUITY | 529,392 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,097,065 |
| INCOME & EXPENSE | |
| Loan Income | 31,915 |
| Investment Income | 48,200 |
| Other Income | 665 |
| Total Employee Compensation & Benefits | 26,445 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 37,800 |
| Non-operating Income & (Expense) | 56 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 7,027 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,564 |
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