STRUTHERS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.strutherscreditunion.com for more information.
Dec, 31, 2023 — STRUTHERS FEDERAL CREDIT UNION is a federal credit union headquartered in Struthers, OH with 1 branch location and about $28.57 million in total assets. Opened 64 years ago in 1960, STRUTHERS FEDERAL CREDIT UNION has about 3,242 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: | STRUTHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 808 Poland Ave. Struthers, OH 44471-1527 |
Phone: | (330) 755-7556 |
Fax: | (330) 755-2320 |
Website: | https://www.strutherscreditunion.com |
Branches: | 1 branch locations |
Members: | 3,242 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13531 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $28,572,660 |
CEO/Manager: | Jarod N Bach |
Chairperson: | Bill Petrunak |
ASSETS: | $ Amount |
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Cash & Equivalents | 19,188,105 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 45,573 |
Unsecured Loans | 1,040,593 |
Other Loans | 5,135,390 |
TOTAL LOANS | 6,221,556 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -61,199 |
Land And Building | 729,778 |
Other Fixed Assets | 34,097 |
NCUSIF Deposit | 235,227 |
All Other Assets | 0 |
TOTAL ASSETS | 28,572,660 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 58,818 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 4,797,939 |
Regular shares | 21,146,839 |
All Other Shares & Deposits | 673,194 |
TOTAL SHARES & DEPOSITS | 26,617,972 |
TOTAL LIABILITIES | 26,676,790 |
Regular Reserve | 0 |
Other Reserves | 175,879 |
Undivided Earnings | 1,719,991 |
TOTAL EQUITY | 1,895,870 |
TOTAL LIABILITIES, SHARES, & EQUITY | 28,572,660 |
INCOME & EXPENSE | |
Loan Income | 100,290 |
Investment Income | 17,006 |
Other Income | 32,620 |
Total Employee Compensation & Benefits | 3,413 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 115,175 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,957 |
Cost of Funds | 5,108 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 47,038 |
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