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WIREMEN'S CREDIT UNION

Jun, 30, 2021 — WIREMEN'S CREDIT UNION is a non-federally insured state credit union headquartered in Parma, OH with 1 branch location and about $34.64 million in total assets. Opened 2021 years ago in 0, WIREMEN'S CREDIT UNION has about 4,943 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:http://wiremenscu.com
Branches:1 branch locations
Members:4,943
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:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$34,639,055
CEO/Manager:Jennifer M Komornik
Chairperson:Lee Svoboda

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,020,774
TOTAL INVESTMENTS 15,368,324
Loans Held for Sale 0
 
 Real Estate Loans 4,625,884
 Unsecured Loans 873,189
 Other Loans 9,788,652
 TOTAL LOANS 15,287,725
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -380,245
 Land And Building 589,716
 Other Fixed Assets 7,871
 NCUSIF Deposit 0
 All Other Assets 744,890
  TOTAL ASSETS 34,639,055
LIABILITIES & CAPITAL:  
 Dividends Payable 35,007
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 133,909
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,195,241
 Regular shares 22,590,100
 All Other Shares & Deposits 4,459,007
  TOTAL SHARES & DEPOSITS 28,244,348
  TOTAL LIABILITIES 28,413,264
 Regular Reserve 1,003,002
 Other Reserves 0
 Undivided Earnings 5,222,789
  TOTAL EQUITY 6,225,791
  TOTAL LIABILITIES, SHARES, & EQUITY 34,639,055
INCOME & EXPENSE  
 Loan Income 330,896
 Investment Income 76,215
 Other Income 9,866
 Total Employee Compensation & Benefits 99,545
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 225,633
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 51,771
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 67,313
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