Jun, 30, 2024 — PROMEDICA FEDERAL CREDIT UNION is a federal credit union headquartered in TOLEDO, OH with 4 branch locations and about $71.90 million in total assets. Opened 52 years ago in 1973, PROMEDICA FEDERAL CREDIT UNION has about 7,178 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 |
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Address: (Main Office) | 245 N Summit St TOLEDO, OH 43604-1577 |
Phone: | (419) 479-1300 |
Fax: | (419) 479-4021 |
Website: | https://www.promedicafcu.com |
Branches: | 4 branch locations |
Members: | 7,178 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 21226 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1973 |
Last Audited: | Apr 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $71,901,923 |
CEO/Manager: | Richard J Haas, Jr. |
Chairperson: | Mark Sattler |
ASSETS: | $ Amount |
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Cash & Equivalents | 10,557,429 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,031,052 |
Unsecured Loans | 3,824,909 |
Other Loans | 21,406,676 |
TOTAL LOANS | 29,262,637 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -123,890 |
Land And Building | 1,457,226 |
Other Fixed Assets | 361,995 |
NCUSIF Deposit | 618,645 |
All Other Assets | 0 |
TOTAL ASSETS | 71,901,923 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,368,178 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 14,001,175 |
Regular shares | 28,127,323 |
All Other Shares & Deposits | 20,832,800 |
TOTAL SHARES & DEPOSITS | 62,961,298 |
TOTAL LIABILITIES | 66,329,476 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 5,572,447 |
TOTAL EQUITY | 5,572,447 |
TOTAL LIABILITIES, SHARES, & EQUITY | 71,901,923 |
INCOME & EXPENSE | |
Loan Income | 1,152,856 |
Investment Income | 340,820 |
Other Income | 753,588 |
Total Employee Compensation & Benefits | 1,277,536 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,294,140 |
Non-operating Income & (Expense) | -1,338 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 62,600 |
Cost of Funds | 100,852 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -436,269 |
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