Dec, 31, 2022 — 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 66 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.
| 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 |
| 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 |
| ↑ Back to Top | |