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TAPPAN COMMUNITY CREDIT UNION, INC.

Jun, 30, 2021 — TAPPAN COMMUNITY CREDIT UNION, INC. is a non-federally insured state credit union headquartered in MANSFIELD, OH with 1 branch location and about $9.81 million in total assets. Opened 2021 years ago in 0, TAPPAN COMMUNITY CREDIT UNION, INC. has about 740 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TAPPAN COMMUNITY CREDIT UNION, INC.
Address:
(Main Office)
191 PARK AVE E
MANSFIELD, OH 44902-1829
Phone:(419) 526-1616
Fax:(419) 522-9132
Website:http://www.tappancu.com
Branches:1 branch locations
Members:740
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:96796
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:0
Last Audited:Feb 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$9,809,973
CEO/Manager:Connie K DeVault
Chairperson:Robert Grose

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 981,180
TOTAL INVESTMENTS 5,623,769
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 476,720
 Other Loans 2,592,552
 TOTAL LOANS 3,069,272
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -54,412
 Land And Building 60,179
 Other Fixed Assets 9,863
 NCUSIF Deposit 0
 All Other Assets 120,122
  TOTAL ASSETS 9,809,973
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 12,423
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 541,821
 Regular shares 1,304,110
 All Other Shares & Deposits 5,225,084
  TOTAL SHARES & DEPOSITS 7,071,015
  TOTAL LIABILITIES 7,083,438
 Regular Reserve 366,093
 Other Reserves 0
 Undivided Earnings 2,360,442
  TOTAL EQUITY 2,726,535
  TOTAL LIABILITIES, SHARES, & EQUITY 9,809,973
INCOME & EXPENSE  
 Loan Income 97,182
 Investment Income 17,905
 Other Income 10,862
 Total Employee Compensation & Benefits 56,072
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 91,378
 Non-operating Income & (Expense) 1,094
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 11,180
 Cost of Funds 12,563
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -32,990
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