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LOCAL 50 PLUMBERS & STEAMFTRS FEDERAL CREDIT UNION

Dec, 31, 2023 — LOCAL 50 PLUMBERS & STEAMFTRS FEDERAL CREDIT UNION is a federal credit union headquartered in NORTHWOOD, OH with 1 branch location and about $11.19 million in total assets. Opened 55 years ago in 1969, LOCAL 50 PLUMBERS & STEAMFTRS FEDERAL CREDIT UNION has about 3,304 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOCAL 50 PLUMBERS & STEAMFTRS FEDERAL CREDIT UNION
Address:
(Main Office)
7570 CAPLE BLVD STE C
NORTHWOOD, OH 43619-1084
Phone:(419) 662-3993
Fax:(419) 662-4522
Website:n/a
Branches:1 branch locations
Members:3,304
Credit Union Type:Federal Credit Union
Charter Number:19723
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1969
Last Audited:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$11,187,556
CEO/Manager:Amy L Cobb
Chairperson:JEFFREY A STULLER

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 888,673
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 684,591
 Other Loans 6,682,134
 TOTAL LOANS 7,366,725
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -55,123
 Land And Building 0
 Other Fixed Assets 36,747
 NCUSIF Deposit 110,218
 All Other Assets 0
  TOTAL ASSETS 11,187,556
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 15,638
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 170,758
 Regular shares 9,685,602
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 9,856,360
  TOTAL LIABILITIES 9,871,998
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,315,558
  TOTAL EQUITY 1,315,558
  TOTAL LIABILITIES, SHARES, & EQUITY 11,187,556
INCOME & EXPENSE  
 Loan Income 272,360
 Investment Income 166,063
 Other Income 12,574
 Total Employee Compensation & Benefits 154,960
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 108,656
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,713
 Cost of Funds 20,599
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 195,433
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