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WIREMEN'S CREDIT UNION

Dec, 31, 2023 — WIREMEN'S CREDIT UNION is a non-federally insured state credit union headquartered in PARMA, OH with 1 branch location and about $37.65 million in total assets. Opened 2024 years ago in 0, WIREMEN'S CREDIT UNION has about 5,112 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:WIREMEN'S CREDIT UNION
Address:
(Main Office)
5800 State Rd
PARMA, OH 44134
Phone:(440) 887-3800
Fax:(440) 887-3804
Website:https://wiremenscu.com
Branches:1 branch locations
Members:5,112
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:96808
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:0
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$37,645,932
CEO/Manager:Jennifer M Komornik
Chairperson:Brendan Wiemels

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,322,724
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,907,255
 Unsecured Loans 970,621
 Other Loans 10,460,368
 TOTAL LOANS 16,338,244
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -426,570
 Land And Building 522,582
 Other Fixed Assets 3,242
 NCUSIF Deposit 0
 All Other Assets 0
  TOTAL ASSETS 37,645,932
LIABILITIES & CAPITAL:  
 Dividends Payable 118,078
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 60,967
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,260,212
 Regular shares 22,496,218
 All Other Shares & Deposits 7,244,114
  TOTAL SHARES & DEPOSITS 31,000,544
  TOTAL LIABILITIES 31,179,589
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 6,466,343
  TOTAL EQUITY 6,466,343
  TOTAL LIABILITIES, SHARES, & EQUITY 37,645,932
INCOME & EXPENSE  
 Loan Income 776,009
 Investment Income 371,094
 Other Income 26,811
 Total Employee Compensation & Benefits 210,216
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 528,995
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 15,839
 Cost of Funds 336,294
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 142,315
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