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SCOTT ASSOCIATES CREDIT UNION

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
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
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

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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