SUPERIOR SAVINGS CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.superiorsavingscu.com for more information.
Dec, 31, 2023 — SUPERIOR SAVINGS CREDIT UNION is a federally insured state chartered credit union headquartered in MASSILLON, OH with 2 branch locations and about $29.44 million in total assets. Opened 56 years ago in 1968, SUPERIOR SAVINGS CREDIT UNION has about 2,754 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SUPERIOR SAVINGS CREDIT UNION |
|---|---|
| Address: (Main Office) | 1807 LINCOLN WAY E MASSILLON, OH 44646-6962 |
| Phone: | (330) 833-0751 |
| Fax: | (330) 833-2159 |
| Website: | https://www.superiorsavingscu.com |
| Branches: | 2 branch locations |
| Members: | 2,754 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63502 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Feb 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $29,443,342 |
| CEO/Manager: | Deborah J Carpenter |
| Chairperson: | Sandra Norman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,273,542 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,173,440 |
| Unsecured Loans | 851,817 |
| Other Loans | 7,139,625 |
| TOTAL LOANS | 9,164,882 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -124,030 |
| Land And Building | 499,856 |
| Other Fixed Assets | 8,407 |
| NCUSIF Deposit | 259,270 |
| All Other Assets | 0 |
| TOTAL ASSETS | 29,443,342 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 297,946 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,832,118 |
| Regular shares | 11,515,274 |
| All Other Shares & Deposits | 11,350,963 |
| TOTAL SHARES & DEPOSITS | 26,698,355 |
| TOTAL LIABILITIES | 26,996,301 |
| Regular Reserve | 0 |
| Other Reserves | 477,183 |
| Undivided Earnings | 1,969,858 |
| TOTAL EQUITY | 2,447,041 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 29,443,342 |
| INCOME & EXPENSE | |
| Loan Income | 422,137 |
| Investment Income | 129,758 |
| Other Income | 117,851 |
| Total Employee Compensation & Benefits | 374,805 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 385,810 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,020 |
| Cost of Funds | 23,281 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -42,682 |
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