SAINTS MARGARET & GREGORY FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.stmargaretandgregory.org/ for more information.
Dec, 31, 2023 — SAINTS MARGARET & GREGORY FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH EUCLID, OH with 1 branch location and about $15.62 million in total assets. Opened 80 years ago in 1944, SAINTS MARGARET & GREGORY FEDERAL CREDIT UNION has about 2,529 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SAINTS MARGARET & GREGORY FEDERAL CREDIT UNION |
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Address: (Main Office) | 1499 DEAN DR SOUTH EUCLID, OH 44121 |
Phone: | (216) 691-0242 |
Fax: | (216) 691-0435 |
Website: | https://www.stmargaretandgregory.org/ |
Branches: | 1 branch locations |
Members: | 2,529 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5089 |
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Membership Type: | Multiple common bond - Primarily faith based |
Corporate Credit Union: | No |
Year Opened: | 1944 |
Last Audited: | Jan 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $15,624,166 |
CEO/Manager: | Sarah Lambert |
Chairperson: | Charles Liebenauer |
ASSETS: | $ Amount |
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Cash & Equivalents | 422,047 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 92,032 |
Unsecured Loans | 553,377 |
Other Loans | 7,412,763 |
TOTAL LOANS | 8,058,172 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -78,029 |
Land And Building | 163,580 |
Other Fixed Assets | 36,645 |
NCUSIF Deposit | 125,786 |
All Other Assets | 0 |
TOTAL ASSETS | 15,624,166 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 19,635 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,670,159 |
Regular shares | 11,518,193 |
All Other Shares & Deposits | 1,038,649 |
TOTAL SHARES & DEPOSITS | 14,227,001 |
TOTAL LIABILITIES | 14,246,636 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,377,530 |
TOTAL EQUITY | 1,377,530 |
TOTAL LIABILITIES, SHARES, & EQUITY | 15,624,166 |
INCOME & EXPENSE | |
Loan Income | 224,625 |
Investment Income | 34,389 |
Other Income | 49,817 |
Total Employee Compensation & Benefits | 160,801 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 117,233 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 14,450 |
Cost of Funds | 13,249 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,098 |
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» See also Statement of Financial Condition