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LOCAL 50 PLUMBERS & STEAMFTRS FEDERAL CREDIT UNION

Jun, 30, 2021 — LOCAL 50 PLUMBERS & STEAMFTRS FEDERAL CREDIT UNION is a federal credit union headquartered in NORTHWOOD, OH with 1 branch location and about $11.74 million in total assets. Opened 52 years ago in 1969, LOCAL 50 PLUMBERS & STEAMFTRS FEDERAL CREDIT UNION has about 1,777 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOCAL 50 PLUMBERS & STEAMFTRS FEDERAL CREDIT UNION
Address:
(Main Office)
7570 CAPLE BLVD STE C
NORTHWOOD, OH 43619-1084
Phone:(419) 662-3993
Fax:(419) 662-4522
Website:n/a
Branches:1 branch locations
Members:1,777
Credit Union Type:Federal Credit Union
Charter Number:19723
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1969
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$11,736,570
CEO/Manager:Amy L Cobb
Chairperson:JEFFREY A STULLER

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,372,392
TOTAL INVESTMENTS 2,130,478
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 573,206
 Other Loans 4,609,912
 TOTAL LOANS 5,183,118
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -67,078
 Land And Building 0
 Other Fixed Assets 20,249
 NCUSIF Deposit 97,138
 All Other Assets 273
  TOTAL ASSETS 11,736,570
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 15,098
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 107,154
 Regular shares 10,490,256
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 10,597,410
  TOTAL LIABILITIES 10,612,508
 Regular Reserve 169,755
 Other Reserves 0
 Undivided Earnings 954,307
  TOTAL EQUITY 1,124,062
  TOTAL LIABILITIES, SHARES, & EQUITY 11,736,570
INCOME & EXPENSE  
 Loan Income 110,543
 Investment Income 9,148
 Other Income 2,126
 Total Employee Compensation & Benefits 64,806
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 42,877
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 12,450
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,198
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