Dec, 31, 2023 — COMMODORE PERRY FEDERAL CREDIT UNION is a federal credit union headquartered in OAK HARBOR, OH with 3 branch locations and about $86.96 million in total assets. Opened 49 years ago in 1975, COMMODORE PERRY FEDERAL CREDIT UNION has about 6,608 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COMMODORE PERRY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1016 S STATE ROUTE 19 OAK HARBOR, OH 43449 |
Phone: | (419) 898-3366 |
Fax: | (419) 898-0065 |
Website: | https://www.commodoreperryfcu.com |
Branches: | 3 branch locations |
Members: | 6,608 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 21873 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1975 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $86,963,985 |
CEO/Manager: | MICHAEL BARR |
Chairperson: | CHARLEEN HAYES |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 5,712,916 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 30,160,479 |
Unsecured Loans | 3,479,755 |
Other Loans | 23,890,103 |
TOTAL LOANS | 58,587,621 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -705,096 |
Land And Building | 1,058,547 |
Other Fixed Assets | 129,488 |
NCUSIF Deposit | 705,078 |
All Other Assets | 0 |
TOTAL ASSETS | 86,963,985 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 5,371 |
Notes & Interest Payable | 3,250,000 |
Accounts Payable & Other Liabilities | 1,199,669 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 1,260,000 |
Share Drafts | 13,980,989 |
Regular shares | 18,721,691 |
All Other Shares & Deposits | 40,560,384 |
TOTAL SHARES & DEPOSITS | 73,263,064 |
TOTAL LIABILITIES | 78,978,104 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 7,985,881 |
TOTAL EQUITY | 7,985,881 |
TOTAL LIABILITIES, SHARES, & EQUITY | 86,963,985 |
INCOME & EXPENSE | |
Loan Income | 3,454,296 |
Investment Income | 550,013 |
Other Income | 831,420 |
Total Employee Compensation & Benefits | 1,949,719 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,855,281 |
Non-operating Income & (Expense) | 262,380 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 393,563 |
Cost of Funds | 877,105 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 538,867 |
↑ Back to Top |