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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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