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PLAIN DEALER FEDERAL CREDIT UNION

Mar, 31, 2022 — PLAIN DEALER FEDERAL CREDIT UNION is a federal credit union headquartered in PARMA, OH with 1 branch location and about $18.33 million in total assets. Opened 65 years ago in 1957, PLAIN DEALER FEDERAL CREDIT UNION has about 2,547 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:2,547
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$18,326,319
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 2,427,397
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 599,790
 Unsecured Loans 2,280,896
 Other Loans 2,051,990
 TOTAL LOANS 4,932,676
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -102,280
 Land And Building 588,541
 Other Fixed Assets 64,555
 NCUSIF Deposit 154,457
 All Other Assets 0
  TOTAL ASSETS 18,326,319
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 21,201
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,103,127
 Regular shares 9,815,799
 All Other Shares & Deposits 3,565,715
  TOTAL SHARES & DEPOSITS 15,484,641
  TOTAL LIABILITIES 15,505,842
 Regular Reserve 0
 Other Reserves 104,896
 Undivided Earnings 2,715,581
  TOTAL EQUITY 2,820,477
  TOTAL LIABILITIES, SHARES, & EQUITY 18,326,319
INCOME & EXPENSE  
 Loan Income 100,069
 Investment Income 23,201
 Other Income 28,621
 Total Employee Compensation & Benefits 89,726
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 47,704
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 10,651
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,810
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