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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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