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PIPEFITTERS-STEAMFITTERS CREDIT UNION

Jun, 30, 2023 — PIPEFITTERS-STEAMFITTERS CREDIT UNION is a federally insured state chartered credit union headquartered in WOODBURY, MN with 2 branch locations and about $56.15 million in total assets. Opened 67 years ago in 1957, PIPEFITTERS-STEAMFITTERS CREDIT UNION has about 3,373 members and employs 8 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: 296076165
Name:PIPEFITTERS-STEAMFITTERS CREDIT UNION
Address:
(Main Office)
6445 Lake Road Ter Ste 100
WOODBURY, MN 55125-1495
Phone:(651) 227-0771
Fax:(651) 228-0824
Website:www.pipefitterscu.org
Branches:2 branch locations
Members:3,373
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63157
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1957
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$56,147,004
CEO/Manager:Jennifer J Davis
Chairperson:CURTIS JOHNSON

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,174,593
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,923,491
 Unsecured Loans 5,217,178
 Other Loans 17,542,394
 TOTAL LOANS 24,683,063
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -163,058
 Land And Building 0
 Other Fixed Assets 152,363
 NCUSIF Deposit 433,586
 All Other Assets 0
  TOTAL ASSETS 56,147,004
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 341,591
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 13,770,723
 Regular shares 34,943,409
 All Other Shares & Deposits 1,984,510
  TOTAL SHARES & DEPOSITS 50,698,642
  TOTAL LIABILITIES 51,040,233
 Regular Reserve 0
 Other Reserves 603,652
 Undivided Earnings 4,503,119
  TOTAL EQUITY 5,106,771
  TOTAL LIABILITIES, SHARES, & EQUITY 56,147,004
INCOME & EXPENSE  
 Loan Income 891,370
 Investment Income 185,747
 Other Income 80,342
 Total Employee Compensation & Benefits 488,415
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 723,836
 Non-operating Income & (Expense) 130,733
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 72,032
 Cost of Funds 48,716
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 124,769
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