Dec, 31, 2023 — TAPPAN COMMUNITY CREDIT UNION, INC. is a non-federally insured state credit union headquartered in MANSFIELD, OH with 1 branch location and about $8.91 million in total assets. Opened 2024 years ago in 0, TAPPAN COMMUNITY CREDIT UNION, INC. has about 830 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TAPPAN COMMUNITY CREDIT UNION, INC. |
|---|---|
| Address: (Main Office) | 191 Park Ave E MANSFIELD, OH 44902-1829 |
| Phone: | (419) 526-1616 |
| Fax: | (419) 522-9132 |
| Website: | https://www.tappancu.com |
| Branches: | 1 branch locations |
| Members: | 830 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 96796 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 0 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,908,479 |
| CEO/Manager: | Connie K DeVault |
| Chairperson: | Robert Grose |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 964,251 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 469,999 |
| Other Loans | 4,230,340 |
| TOTAL LOANS | 4,700,339 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -109,508 |
| Land And Building | 77,338 |
| Other Fixed Assets | 8,777 |
| NCUSIF Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 8,908,479 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 18,372 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 867,064 |
| Regular shares | 1,104,958 |
| All Other Shares & Deposits | 4,360,829 |
| TOTAL SHARES & DEPOSITS | 6,332,851 |
| TOTAL LIABILITIES | 6,351,223 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,557,256 |
| TOTAL EQUITY | 2,557,256 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,908,479 |
| INCOME & EXPENSE | |
| Loan Income | 250,594 |
| Investment Income | 124,696 |
| Other Income | 34,203 |
| Total Employee Compensation & Benefits | 130,685 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 210,369 |
| Non-operating Income & (Expense) | 218 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 76,606 |
| Cost of Funds | 23,438 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -9,939 |
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