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National Credit Union Service Organization

TANNER EMPLOYEES CREDIT UNION

Mar, 31, 2022 — TANNER EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in SALT LAKE CITY, UT with 1 branch location and about $7.17 million in total assets. Opened 65 years ago in 1957, TANNER EMPLOYEES CREDIT UNION has about 895 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 324079348
Name:TANNER EMPLOYEES CREDIT UNION
Address:
(Main Office)
1865 S Main St Ste 2
SALT LAKE CITY, UT 84115-2377
Phone:(801) 483-8396
Fax:(801) 493-3044
Website:http://www.tannercu.com
Branches:1 branch locations
Members:895
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67165
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1957
Last Audited:Jan 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$7,174,059
CEO/Manager:Kevin Louder
Chairperson:Ron Smith

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 652,087
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 149,930
 Other Loans 2,811,933
 TOTAL LOANS 2,961,863
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -41,585
 Land And Building 0
 Other Fixed Assets 1,312
 NCUSIF Deposit 61,242
 All Other Assets 0
  TOTAL ASSETS 7,174,059
LIABILITIES & CAPITAL:  
 Dividends Payable 21
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,210
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 483,921
 Regular shares 3,733,444
 All Other Shares & Deposits 2,093,365
  TOTAL SHARES & DEPOSITS 6,310,730
  TOTAL LIABILITIES 6,313,961
 Regular Reserve 0
 Other Reserves 357,281
 Undivided Earnings 502,817
  TOTAL EQUITY 860,098
  TOTAL LIABILITIES, SHARES, & EQUITY 7,174,059
INCOME & EXPENSE  
 Loan Income 38,952
 Investment Income 1,694
 Other Income 1,613
 Total Employee Compensation & Benefits 25,850
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 21,813
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,109
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,335
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