Dec, 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 $7.01 million in total assets. Opened 66 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.
Name: | TANNER EMPLOYEES CREDIT UNION |
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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 |
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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 |
ASSETS: | $ Amount |
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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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