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TEAMSTERS CREDIT UNION

Sep, 30, 2025 — TEAMSTERS CREDIT UNION is a federally insured state chartered credit union headquartered in DETROIT, MI with 1 branch location and about $18.18 million in total assets. Opened 58 years ago in 1968, TEAMSTERS CREDIT UNION has about 1,797 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TEAMSTERS CREDIT UNION
Address:
(Main Office)
2825 TRUMBULL ST
DETROIT, MI 48216-1270
Phone:(313) 962-4666
Fax:(313) 963-5850
Website:https://teamsterscreditunion.com
Branches:1 branch locations
Members:1,797
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61791
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1968
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$18,184,142
CEO/Manager:Michael Henmueller
Chairperson:Kevin Moore

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,008,999
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 23,932
 Unsecured Loans 1,426,070
 Other Loans 3,907,572
 TOTAL LOANS 5,357,574
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -42,275
 Land And Building 118,472
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 123,093
 All Other Assets 0
  TOTAL ASSETS 18,184,142
LIABILITIES & CAPITAL:  
 Dividends Payable 400
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 110,471
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,872,732
 Regular shares 8,328,167
 All Other Shares & Deposits 1,160,272
  TOTAL SHARES & DEPOSITS 16,361,171
  TOTAL LIABILITIES 16,472,042
 Regular Reserve 0
 Other Reserves 311,381
 Undivided Earnings 1,400,719
  TOTAL EQUITY 1,712,100
  TOTAL LIABILITIES, SHARES, & EQUITY 18,184,142
INCOME & EXPENSE  
 Loan Income 292,025
 Investment Income 61,800
 Other Income 122,707
 Total Employee Compensation & Benefits 252,432
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 274,062
 Non-operating Income & (Expense) 20,700
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 26,259
 Cost of Funds 7,037
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 19,781
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