Dec, 31, 2023 — ACME FEDERAL CREDIT UNION is a federal credit union headquartered in EASTLAKE, OH with 3 branch locations and about $13.40 million in total assets. Opened 85 years ago in 1939, ACME FEDERAL CREDIT UNION has about 2,178 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ACME FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 34799 Curtis Blvd EASTLAKE, OH 44095 |
| Phone: | (440) 946-1980 |
| Fax: | (440) 946-0560 |
| Website: | https://www.acmefcu.org |
| Branches: | 3 branch locations |
| Members: | 2,178 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3447 |
|---|---|
| Membership Type: | Multiple common bond - Primarily primary and fabricated metals |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $13,400,646 |
| CEO/Manager: | Theresa A Halaburda |
| Chairperson: | John C Flynn |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 873,920 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,044,661 |
| Unsecured Loans | 652,290 |
| Other Loans | 2,523,044 |
| TOTAL LOANS | 5,219,994 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -71,822 |
| Land And Building | 0 |
| Other Fixed Assets | 1,968 |
| NCUSIF Deposit | 123,557 |
| All Other Assets | 0 |
| TOTAL ASSETS | 13,400,646 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 69,688 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 703,528 |
| Regular shares | 8,545,485 |
| All Other Shares & Deposits | 1,342,085 |
| TOTAL SHARES & DEPOSITS | 10,591,099 |
| TOTAL LIABILITIES | 10,660,787 |
| Regular Reserve | 0 |
| Other Reserves | 545,949 |
| Undivided Earnings | 2,193,910 |
| TOTAL EQUITY | 2,739,859 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 13,400,646 |
| INCOME & EXPENSE | |
| Loan Income | 272,606 |
| Investment Income | 290,059 |
| Other Income | 19,100 |
| Total Employee Compensation & Benefits | 236,055 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 287,150 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 36,483 |
| Cost of Funds | 44,932 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 39,665 |
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