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PROMEDICA FEDERAL CREDIT UNION

Mar, 31, 2022 — PROMEDICA FEDERAL CREDIT UNION is a federal credit union headquartered in TOLEDO, OH with 4 branch locations and about $71.35 million in total assets. Opened 49 years ago in 1973, PROMEDICA FEDERAL CREDIT UNION has about 7,181 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PROMEDICA FEDERAL CREDIT UNION
Address:
(Main Office)
245 N Summit St
TOLEDO, OH 43604-1577
Phone:(419) 479-1300
Fax:(419) 479-4021
Website:http://www.promedicafcu.com
Branches:4 branch locations
Members:7,181
Credit Union Type:Federal Credit Union
Charter Number:21226
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1973
Last Audited:Apr 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$71,353,746
CEO/Manager:Richard J Haas, Jr.
Chairperson:Mark Sattler

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 18,559,526
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,230,561
 Unsecured Loans 3,841,859
 Other Loans 17,963,790
 TOTAL LOANS 26,036,210
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -104,646
 Land And Building 1,517,160
 Other Fixed Assets 416,514
 NCUSIF Deposit 609,654
 All Other Assets 0
  TOTAL ASSETS 71,353,746
LIABILITIES & CAPITAL:  
 Dividends Payable 99
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 983,742
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 13,850,888
 Regular shares 29,290,876
 All Other Shares & Deposits 21,425,319
  TOTAL SHARES & DEPOSITS 64,567,083
  TOTAL LIABILITIES 65,550,924
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 5,802,822
  TOTAL EQUITY 5,802,822
  TOTAL LIABILITIES, SHARES, & EQUITY 71,353,746
INCOME & EXPENSE  
 Loan Income 366,928
 Investment Income 69,869
 Other Income 242,788
 Total Employee Compensation & Benefits 429,285
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 418,345
 Non-operating Income & (Expense) -413
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 7,800
 Cost of Funds 34,746
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -190,960
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