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PILLAR CREDIT UNION

Mar, 31, 2022 — PILLAR CREDIT UNION is a federally insured state chartered credit union headquartered in MARION, OH with 2 branch locations and about $92.83 million in total assets. Opened 62 years ago in 1960, PILLAR CREDIT UNION has about 9,232 members and employs 28 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 RD E
MARION, OH 43302
Phone:(740) 389-9960
Fax:(740) 389-9961
Website:http://pillarcu.com
Branches:2 branch locations
Members:9,232
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, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$92,828,084
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 15,560,933
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 7,227,325
 Unsecured Loans 581,140
 Other Loans 45,801,621
 TOTAL LOANS 53,610,086
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -250,048
 Land And Building 4,964,890
 Other Fixed Assets 308,394
 NCUSIF Deposit 749,581
 All Other Assets 0
  TOTAL ASSETS 92,828,084
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 134,396
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 12,523,451
 Regular shares 36,396,104
 All Other Shares & Deposits 34,424,881
  TOTAL SHARES & DEPOSITS 83,344,436
  TOTAL LIABILITIES 83,478,832
 Regular Reserve 0
 Other Reserves 316,514
 Undivided Earnings 9,032,738
  TOTAL EQUITY 9,349,252
  TOTAL LIABILITIES, SHARES, & EQUITY 92,828,084
INCOME & EXPENSE  
 Loan Income 533,265
 Investment Income 101,533
 Other Income 140,264
 Total Employee Compensation & Benefits 295,179
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 356,786
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -70,794
 Cost of Funds 62,970
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 251,927
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