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National Credit Union Service Organization

TANNER EMPLOYEES CREDIT UNION

Jun, 30, 2023 — TANNER EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in SALT LAKE CITY, UT with 1 branch location and about $7.01 million in total assets. Opened 67 years ago in 1957, TANNER EMPLOYEES CREDIT UNION has about 893 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:https://www.tannercu.com
Branches:1 branch locations
Members:893
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:$7,014,743
CEO/Manager:Kevin Louder
Chairperson:Ron Smith

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 536,597
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 125,590
 Other Loans 3,547,496
 TOTAL LOANS 3,673,086
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -41,585
 Land And Building 0
 Other Fixed Assets 437
 NCUSIF Deposit 60,087
 All Other Assets 0
  TOTAL ASSETS 7,014,743
LIABILITIES & CAPITAL:  
 Dividends Payable 17
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,175
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 484,955
 Regular shares 3,649,283
 All Other Shares & Deposits 2,015,117
  TOTAL SHARES & DEPOSITS 6,149,355
  TOTAL LIABILITIES 6,150,547
 Regular Reserve 0
 Other Reserves 366,924
 Undivided Earnings 497,272
  TOTAL EQUITY 864,196
  TOTAL LIABILITIES, SHARES, & EQUITY 7,014,743
INCOME & EXPENSE  
 Loan Income 116,324
 Investment Income 16,797
 Other Income 4,501
 Total Employee Compensation & Benefits 81,710
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 67,022
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,512
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,763
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