U T U FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — U T U FEDERAL CREDIT UNION is a federal credit union headquartered in Valley View, OH with 1 branch location and about $1.12 million in total assets. Opened 83 years ago in 1941, U T U FEDERAL CREDIT UNION has about 115 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | U T U FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 8001 Sweet Valley Dr, Suite 15 Valley View, OH 44125 |
| Phone: | (216) 227-5274 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 115 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4360 |
|---|---|
| Membership Type: | Service - Transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Oct 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,120,024 |
| CEO/Manager: | Timothy A Wiens |
| Chairperson: | Charles I Blackburn |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 308,261 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 42,729 |
| Other Loans | 139,474 |
| TOTAL LOANS | 182,203 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -27,144 |
| Land And Building | 0 |
| Other Fixed Assets | 4,864 |
| NCUSIF Deposit | 11,828 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,120,024 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 236 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 793,760 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 793,760 |
| TOTAL LIABILITIES | 793,996 |
| Regular Reserve | 0 |
| Other Reserves | 53,600 |
| Undivided Earnings | 272,428 |
| TOTAL EQUITY | 326,028 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,120,024 |
| INCOME & EXPENSE | |
| Loan Income | 7,754 |
| Investment Income | 4,437 |
| Other Income | 1 |
| Total Employee Compensation & Benefits | 6,749 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 14,168 |
| Non-operating Income & (Expense) | 45 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 3,800 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -12,480 |
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