Dec, 31, 2023 — CAREY POVERELLO FEDERAL CREDIT UNION is a federal credit union headquartered in CAREY, OH with 1 branch location and about $25.65 million in total assets. Opened 74 years ago in 1950, CAREY POVERELLO FEDERAL CREDIT UNION has about 1,705 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: | CAREY POVERELLO FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 201 N Vance St CAREY, OH 43316-1038 |
Phone: | (419) 396-6071 |
Fax: | (419) 396-3704 |
Website: | https://www.poverellofcu.com |
Branches: | 1 branch locations |
Members: | 1,705 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6636 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $25,646,225 |
CEO/Manager: | Austin W Pahl |
Chairperson: | Alton Phillips |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 532,773 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 460,807 |
Unsecured Loans | 721,368 |
Other Loans | 6,865,479 |
TOTAL LOANS | 8,047,654 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -67,108 |
Land And Building | 158,510 |
Other Fixed Assets | 6,991 |
NCUSIF Deposit | 228,679 |
All Other Assets | 0 |
TOTAL ASSETS | 25,646,225 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 52,259 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 99,646 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,134,327 |
Regular shares | 16,441,768 |
All Other Shares & Deposits | 3,337,149 |
TOTAL SHARES & DEPOSITS | 21,913,244 |
TOTAL LIABILITIES | 22,065,149 |
Regular Reserve | 0 |
Other Reserves | 163,447 |
Undivided Earnings | 3,417,629 |
TOTAL EQUITY | 3,581,076 |
TOTAL LIABILITIES, SHARES, & EQUITY | 25,646,225 |
INCOME & EXPENSE | |
Loan Income | 514,300 |
Investment Income | 420,213 |
Other Income | 87,154 |
Total Employee Compensation & Benefits | 384,776 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 300,803 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 45,413 |
Cost of Funds | 209,102 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 134,647 |
↑ Back to Top |
» See also Statement of Financial Condition