Dec, 31, 2023 — SUN FEDERAL CREDIT UNION is a federal credit union headquartered in MAUMEE, OH with 12 branch locations and about $659.36 million in total assets. Opened 73 years ago in 1951, SUN FEDERAL CREDIT UNION has about 35,350 members and employs 141 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SUN FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1627 Holland Rd MAUMEE, OH 43537 |
Phone: | (419) 893-2170 |
Fax: | (419) 893-4809 |
Website: | https://www.sunfederalcu.org |
Branches: | 12 branch locations |
Members: | 35,350 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7064 |
---|---|
Membership Type: | Multiple common bond - Primarily petroleum refining |
Corporate Credit Union: | No |
Year Opened: | 1951 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $659,364,856 |
CEO/Manager: | Brian Kelbley |
Chairperson: | Christy Gordon |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 38,741,956 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 374,482,648 |
Unsecured Loans | 30,539,463 |
Other Loans | 78,109,057 |
TOTAL LOANS | 487,989,066 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,052,259 |
Land And Building | 7,629,321 |
Other Fixed Assets | 2,734,355 |
NCUSIF Deposit | 5,226,969 |
All Other Assets | 0 |
TOTAL ASSETS | 659,364,856 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 50,000,000 |
Accounts Payable & Other Liabilities | 5,217,022 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 98,097,084 |
Regular shares | 186,794,329 |
All Other Shares & Deposits | 274,126,515 |
TOTAL SHARES & DEPOSITS | 559,017,928 |
TOTAL LIABILITIES | 614,291,379 |
Regular Reserve | 0 |
Other Reserves | -13,350,429 |
Undivided Earnings | 58,423,906 |
TOTAL EQUITY | 45,073,477 |
TOTAL LIABILITIES, SHARES, & EQUITY | 659,364,856 |
INCOME & EXPENSE | |
Loan Income | 22,957,841 |
Investment Income | 3,468,855 |
Other Income | 3,911,458 |
Total Employee Compensation & Benefits | 12,514,863 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 10,810,564 |
Non-operating Income & (Expense) | 43,178 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,236,767 |
Cost of Funds | 7,466,068 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,560,900 |
↑ Back to Top |