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National Credit Union Service Organization

PILLAR CREDIT UNION

Jun, 30, 2021 — PILLAR CREDIT UNION is a federally insured state chartered credit union headquartered in MARION, OH with 2 branch locations and about $87.03 million in total assets. Opened 61 years ago in 1960, PILLAR CREDIT UNION has about 9,184 members and employs 27 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 244180139
Name:PILLAR CREDIT UNION
Address:
(Main Office)
300 BARKS ROAD EAST
MARION, OH 43302
Phone:(740) 389-9960
Fax:(740) 389-9961
Website:http://pillarcu.com
Branches:2 branch locations
Members:9,184
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61324
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1960
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$87,030,308
CEO/Manager:VIDYA IYENGAR
Chairperson:ADAM C WILLAUER

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 11,819,496
TOTAL INVESTMENTS 14,271,258
Loans Held for Sale 0
 
 Real Estate Loans 7,239,681
 Unsecured Loans 563,176
 Other Loans 45,240,275
 TOTAL LOANS 53,043,132
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -343,430
 Land And Building 3,230,720
 Other Fixed Assets 1,348,136
 NCUSIF Deposit 716,546
 All Other Assets 2,944,450
  TOTAL ASSETS 87,030,308
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 275,604
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 11,530,241
 Regular shares 32,972,913
 All Other Shares & Deposits 33,201,512
  TOTAL SHARES & DEPOSITS 77,704,666
  TOTAL LIABILITIES 77,980,270
 Regular Reserve 793,389
 Other Reserves -37,140
 Undivided Earnings 8,293,789
  TOTAL EQUITY 9,050,038
  TOTAL LIABILITIES, SHARES, & EQUITY 87,030,308
INCOME & EXPENSE  
 Loan Income 1,132,845
 Investment Income 156,757
 Other Income 244,013
 Total Employee Compensation & Benefits 494,390
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 643,551
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 77,913
 Cost of Funds 163,679
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 418,666
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