Dec, 31, 2023 — TOGETHER CREDIT UNION is a federally insured state chartered credit union headquartered in SAINT LOUIS, MO with 26 branch locations and about $2.42 billion in total assets. Opened 85 years ago in 1939, TOGETHER CREDIT UNION has about 141,125 members and employs 405 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TOGETHER CREDIT UNION |
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Address: (Main Office) | 423 Lynch St SAINT LOUIS, MO 63118-1902 |
Phone: | (314) 771-7700 |
Fax: | (314) 771-3540 |
Website: | https://www.togethercu.org |
Branches: | 26 branch locations |
Members: | 141,125 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62715 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $2,418,675,996 |
CEO/Manager: | Robert McKay |
Chairperson: | Mark Harris |
ASSETS: | $ Amount |
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Cash & Equivalents | 76,754,636 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 3,936,267 |
Real Estate Loans | 930,083,620 |
Unsecured Loans | 205,450,599 |
Other Loans | 803,050,170 |
TOTAL LOANS | 1,938,584,389 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,736,055 |
Land And Building | 39,730,091 |
Other Fixed Assets | 11,381,079 |
NCUSIF Deposit | 19,426,211 |
All Other Assets | 716,667 |
TOTAL ASSETS | 2,418,675,996 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 812,830 |
Notes & Interest Payable | 190,000,000 |
Accounts Payable & Other Liabilities | 25,341,651 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 385,223,476 |
Regular shares | 448,735,557 |
All Other Shares & Deposits | 1,167,125,864 |
TOTAL SHARES & DEPOSITS | 2,001,084,898 |
TOTAL LIABILITIES | 2,217,308,816 |
Regular Reserve | 0 |
Other Reserves | -28,014,619 |
Undivided Earnings | 229,381,799 |
TOTAL EQUITY | 201,367,180 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,418,675,996 |
INCOME & EXPENSE | |
Loan Income | 95,485,305 |
Investment Income | 5,668,439 |
Other Income | 9,735,625 |
Total Employee Compensation & Benefits | 43,903,514 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 42,089,163 |
Non-operating Income & (Expense) | 17,899 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,150,000 |
Cost of Funds | 33,385,678 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,985,093 |
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» See also Statement of Financial Condition