Dec, 31, 2023 — EATON EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in EDEN PRAIRIE, MN with 1 branch location and about $2.82 million in total assets. Opened 75 years ago in 1949, EATON EMPLOYEES CREDIT UNION has about 353 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EATON EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 14900 Technology Dr EDEN PRAIRIE, MN 55344-2208 |
Phone: | (952) 937-7175 |
Fax: | (952) 937-7117 |
Website: | https://www.eatoncu.com |
Branches: | 1 branch locations |
Members: | 353 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62950 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1949 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,818,371 |
CEO/Manager: | Ann Healey-Allen |
Chairperson: | Steven J Zumbusch |
ASSETS: | $ Amount |
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Cash & Equivalents | 284,627 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 63,796 |
Unsecured Loans | 210,899 |
Other Loans | 2,043,768 |
TOTAL LOANS | 2,318,463 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -90,967 |
Land And Building | 0 |
Other Fixed Assets | 5,353 |
NCUSIF Deposit | 30,874 |
All Other Assets | 0 |
TOTAL ASSETS | 2,818,371 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 750 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 36,389 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 765,317 |
Regular shares | 1,557,421 |
All Other Shares & Deposits | 181,723 |
TOTAL SHARES & DEPOSITS | 2,504,463 |
TOTAL LIABILITIES | 2,541,602 |
Regular Reserve | 0 |
Other Reserves | 143,973 |
Undivided Earnings | 132,796 |
TOTAL EQUITY | 276,769 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,818,371 |
INCOME & EXPENSE | |
Loan Income | 126,985 |
Investment Income | 34,852 |
Other Income | 24,248 |
Total Employee Compensation & Benefits | 80,267 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 93,424 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 14,740 |
Cost of Funds | 3,950 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,500 |
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» See also Statement of Financial Condition