Jun, 30, 2024 — SCOTT ASSOCIATES CREDIT UNION is a federally insured state chartered credit union headquartered in MARYSVILLE, OH with 1 branch location and about $13.88 million in total assets. Opened 58 years ago in 1967, SCOTT ASSOCIATES CREDIT UNION has about 1,981 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: | SCOTT ASSOCIATES CREDIT UNION |
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Address: (Main Office) | 14111 Scottslawn Rd MARYSVILLE, OH 43040 |
Phone: | (937) 644-7385 |
Fax: | (937) 645-2749 |
Website: | https://www.mysacu.com |
Branches: | 1 branch locations |
Members: | 1,981 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 63386 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1967 |
Last Audited: | Nov 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $13,880,686 |
CEO/Manager: | Nicole Jasinski |
Chairperson: | Diane Pekunka |
ASSETS: | $ Amount |
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Cash & Equivalents | -103,801 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 12,042 |
Unsecured Loans | 968,025 |
Other Loans | 6,305,222 |
TOTAL LOANS | 7,285,289 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,070 |
Land And Building | 0 |
Other Fixed Assets | 13,574 |
NCUSIF Deposit | 122,222 |
All Other Assets | 0 |
TOTAL ASSETS | 13,880,686 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 41,820 |
Accounts Payable & Other Liabilities | 46,956 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,927,852 |
Regular shares | 7,841,006 |
All Other Shares & Deposits | 2,417,426 |
TOTAL SHARES & DEPOSITS | 12,186,284 |
TOTAL LIABILITIES | 12,275,060 |
Regular Reserve | 0 |
Other Reserves | 348,782 |
Undivided Earnings | 1,256,844 |
TOTAL EQUITY | 1,605,626 |
TOTAL LIABILITIES, SHARES, & EQUITY | 13,880,686 |
INCOME & EXPENSE | |
Loan Income | 264,053 |
Investment Income | 33,290 |
Other Income | 51,135 |
Total Employee Compensation & Benefits | 195,209 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 148,751 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,530 |
Cost of Funds | 31,281 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 4,978 |
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