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GORMAN-RUPP & ASSOCIATES CREDIT UNION

Mar, 31, 2022 — GORMAN-RUPP & ASSOCIATES CREDIT UNION is a non-federally insured state credit union headquartered in MANSFIELD, OH with 1 branch location and about $12.83 million in total assets. Opened 2022 years ago in 0, GORMAN-RUPP & ASSOCIATES CREDIT UNION has about 1,775 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GORMAN-RUPP & ASSOCIATES CREDIT UNION
Address:
(Main Office)
1766 Harrington Memorial Rd
MANSFIELD, OH 44903
Phone:(419) 525-3800
Fax:(419) 525-3817
Website:https://grohiocu.com
Branches:1 branch locations
Members:1,775
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:96719
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:0
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$12,832,095
CEO/Manager:Abbie L Eith
Chairperson:Carly Hollar

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 896,866
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 683,759
 Other Loans 6,487,211
 TOTAL LOANS 7,170,970
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -77,285
 Land And Building 251,401
 Other Fixed Assets 55,418
 NCUSIF Deposit 0
 All Other Assets 0
  TOTAL ASSETS 12,832,095
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 30,977
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,610,012
 Regular shares 6,053,902
 All Other Shares & Deposits 3,943,734
  TOTAL SHARES & DEPOSITS 11,607,648
  TOTAL LIABILITIES 11,638,625
 Regular Reserve 0
 Other Reserves 360,515
 Undivided Earnings 832,955
  TOTAL EQUITY 1,193,470
  TOTAL LIABILITIES, SHARES, & EQUITY 12,832,095
INCOME & EXPENSE  
 Loan Income 143,625
 Investment Income 2,998
 Other Income 21,663
 Total Employee Compensation & Benefits 70,869
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 54,901
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 28
 Cost of Funds 20,647
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 27,310
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