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TANNER EMPLOYEES CREDIT UNION

Jun, 30, 2021 — TANNER EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in Salt Lake City, UT with 1 branch location and about $7.15 million in total assets. Opened 64 years ago in 1957, TANNER EMPLOYEES CREDIT UNION has about 930 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 South 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:930
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:$7,150,219
CEO/Manager:Kevin Louder
Chairperson:Ron Smith

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 901,838
TOTAL INVESTMENTS 2,526,853
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 160,369
 Other Loans 3,522,100
 TOTAL LOANS 3,682,469
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -41,585
 Land And Building 0
 Other Fixed Assets 2,623
 NCUSIF Deposit 61,242
 All Other Assets 16,779
  TOTAL ASSETS 7,150,219
LIABILITIES & CAPITAL:  
 Dividends Payable 23
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 645
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 526,880
 Regular shares 3,483,949
 All Other Shares & Deposits 2,277,889
  TOTAL SHARES & DEPOSITS 6,288,718
  TOTAL LIABILITIES 6,289,386
 Regular Reserve 338,479
 Other Reserves 0
 Undivided Earnings 522,354
  TOTAL EQUITY 860,833
  TOTAL LIABILITIES, SHARES, & EQUITY 7,150,219
INCOME & EXPENSE  
 Loan Income 101,524
 Investment Income 985
 Other Income 2,949
 Total Employee Compensation & Benefits 51,960
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 42,781
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,168
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 16,843
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