Dec, 31, 2023 — TRIANGLE CREDIT UNION is a federally insured state chartered credit union headquartered in NASHUA, NH with 8 branch locations and about $865.37 million in total assets. Opened 85 years ago in 1939, TRIANGLE CREDIT UNION has about 58,278 members and employs 159 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TRIANGLE CREDIT UNION |
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Address: (Main Office) | 33 Franklin St NASHUA, NH 03064 |
Phone: | (603) 889-2470 |
Fax: | (603) 883-7120 |
Website: | https://trianglecu.org |
Branches: | 8 branch locations |
Members: | 58,278 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68210 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $865,371,274 |
CEO/Manager: | Arlan S MacKnight |
Chairperson: | Margo Compagna |
ASSETS: | $ Amount |
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Cash & Equivalents | 27,254,061 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 362,714,122 |
Unsecured Loans | 22,498,550 |
Other Loans | 227,466,967 |
TOTAL LOANS | 618,122,273 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,354,273 |
Land And Building | 6,247,647 |
Other Fixed Assets | 4,039,328 |
NCUSIF Deposit | 6,131,953 |
All Other Assets | 37,695 |
TOTAL ASSETS | 865,371,274 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 131,339,936 |
Accounts Payable & Other Liabilities | 10,917,350 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 124,339,644 |
Regular shares | 278,323,183 |
All Other Shares & Deposits | 265,950,146 |
TOTAL SHARES & DEPOSITS | 668,612,973 |
TOTAL LIABILITIES | 810,908,879 |
Regular Reserve | 0 |
Other Reserves | -11,126,488 |
Undivided Earnings | 65,588,883 |
TOTAL EQUITY | 54,462,395 |
TOTAL LIABILITIES, SHARES, & EQUITY | 865,371,274 |
INCOME & EXPENSE | |
Loan Income | 27,242,649 |
Investment Income | 2,914,416 |
Other Income | 3,085,179 |
Total Employee Compensation & Benefits | 13,313,927 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 9,806,957 |
Non-operating Income & (Expense) | 2,488 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 409,934 |
Cost of Funds | 12,572,118 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,024,507 |
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