Dec, 31, 2023 — SCOTT ASSOCIATES CREDIT UNION is a federally insured state chartered credit union headquartered in MARYSVILLE, OH with 1 branch location and about $13.97 million in total assets. Opened 57 years ago in 1967, SCOTT ASSOCIATES CREDIT UNION has about 1,903 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: | 1,903 |
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, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $13,969,011 |
CEO/Manager: | Nicole Jasinski |
Chairperson: | Diane Pekunka |
ASSETS: | $ Amount |
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Cash & Equivalents | 230,997 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,252,584 |
Other Loans | 7,259,871 |
TOTAL LOANS | 8,512,455 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -35,033 |
Land And Building | 0 |
Other Fixed Assets | 8,539 |
NCUSIF Deposit | 118,601 |
All Other Assets | 0 |
TOTAL ASSETS | 13,969,011 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 23,935 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,595,656 |
Regular shares | 6,111,511 |
All Other Shares & Deposits | 4,607,411 |
TOTAL SHARES & DEPOSITS | 12,314,577 |
TOTAL LIABILITIES | 12,338,512 |
Regular Reserve | 0 |
Other Reserves | 348,782 |
Undivided Earnings | 1,281,717 |
TOTAL EQUITY | 1,630,499 |
TOTAL LIABILITIES, SHARES, & EQUITY | 13,969,011 |
INCOME & EXPENSE | |
Loan Income | 455,079 |
Investment Income | 113,817 |
Other Income | 68,305 |
Total Employee Compensation & Benefits | 271,374 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 230,408 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,205 |
Cost of Funds | 148,568 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 26,565 |
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