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PLAIN DEALER FEDERAL CREDIT UNION

Jun, 30, 2021 — PLAIN DEALER FEDERAL CREDIT UNION is a federal credit union headquartered in Parma, OH with 1 branch location and about $18.80 million in total assets. Opened 64 years ago in 1957, PLAIN DEALER FEDERAL CREDIT UNION has about 2,695 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PLAIN DEALER FEDERAL CREDIT UNION
Address:
(Main Office)
5341 Pearl Rd
Parma, OH 44129
Phone:(216) 999-4270
Fax:(216) 999-3527
Website:https://www.plaindealercreditunion.com/
Branches:1 branch locations
Members:2,695
Credit Union Type:Federal Credit Union
Charter Number:24761
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1957
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$18,798,745
CEO/Manager:William Pelger
Chairperson:Brenda Jordan

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,448,125
TOTAL INVESTMENTS 10,296,768
Loans Held for Sale 0
 
 Real Estate Loans 792,138
 Unsecured Loans 2,272,344
 Other Loans 2,116,652
 TOTAL LOANS 5,181,134
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -92,876
 Land And Building 599,097
 Other Fixed Assets 78,393
 NCUSIF Deposit 154,457
 All Other Assets 133,647
  TOTAL ASSETS 18,798,745
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 66,073
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,173,047
 Regular shares 9,560,823
 All Other Shares & Deposits 4,144,574
  TOTAL SHARES & DEPOSITS 15,878,444
  TOTAL LIABILITIES 15,944,517
 Regular Reserve 814,754
 Other Reserves 104,896
 Undivided Earnings 1,934,578
  TOTAL EQUITY 2,854,228
  TOTAL LIABILITIES, SHARES, & EQUITY 18,798,745
INCOME & EXPENSE  
 Loan Income 190,506
 Investment Income 49,238
 Other Income 56,257
 Total Employee Compensation & Benefits 146,938
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 174,434
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 24,941
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -50,312
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