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540 I.B.E.W. CREDIT UNION

Mar, 31, 2021 — 540 I.B.E.W. CREDIT UNION is a non-federally insured state credit union headquartered in Massillon, OH with 1 branch location and about $1.11 million in total assets. Opened 2021 years ago in 0, 540 I.B.E.W. CREDIT UNION has about 454 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:540 I.B.E.W. CREDIT UNION
Address:
(Main Office)
2333 Nave Rd SE
Massillon, OH 44646-8822
Phone:(330) 833-8337
Fax:(330) 833-9423
Website:n/a
Branches:1 branch locations
Members:454
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:96652
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:0
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,113,472
CEO/Manager:Kimberly A Lowe
Chairperson:Lester D Stark

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 438,678
TOTAL INVESTMENTS 212,561
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 77,706
 Other Loans 385,028
 TOTAL LOANS 462,734
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -20,735
 Land And Building 0
 Other Fixed Assets 2,158
 NCUSIF Deposit 0
 All Other Assets 18,076
  TOTAL ASSETS 1,113,472
LIABILITIES & CAPITAL:  
 Dividends Payable 242
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 20
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 971,798
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 971,798
  TOTAL LIABILITIES 972,060
 Regular Reserve 26,469
 Other Reserves 0
 Undivided Earnings 114,943
  TOTAL EQUITY 141,412
  TOTAL LIABILITIES, SHARES, & EQUITY 1,113,472
INCOME & EXPENSE  
 Loan Income 6,471
 Investment Income 801
 Other Income 75
 Total Employee Compensation & Benefits 5,431
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,673
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 242
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 732
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