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TEAMSTERS LOCAL 92 FEDERAL CREDIT UNION

Dec, 31, 2023 — TEAMSTERS LOCAL 92 FEDERAL CREDIT UNION is a federal credit union headquartered in CANTON, OH with 1 branch location and about $2.70 million in total assets. Opened 55 years ago in 1969, TEAMSTERS LOCAL 92 FEDERAL CREDIT UNION has about 550 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TEAMSTERS LOCAL 92 FEDERAL CREDIT UNION
Address:
(Main Office)
1105 9th St SW
CANTON, OH 44707
Phone:(330) 453-8409
Fax:(330) 453-9288
Website:https://teamsters92fcu.com
Branches:1 branch locations
Members:550
Credit Union Type:Federal Credit Union
Charter Number:19430
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1969
Last Audited:Oct 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$2,704,847
CEO/Manager:Melissa L Holman
Chairperson:Ronald Crosbie

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 320,539
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 229,568
 Other Loans 1,322,762
 TOTAL LOANS 1,552,329
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,935
 Land And Building 23,274
 Other Fixed Assets 12,350
 NCUSIF Deposit 27,972
 All Other Assets 0
  TOTAL ASSETS 2,704,847
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -108
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 195,205
 Regular shares 1,400,032
 All Other Shares & Deposits 874,776
  TOTAL SHARES & DEPOSITS 2,470,013
  TOTAL LIABILITIES 2,469,905
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 234,942
  TOTAL EQUITY 234,942
  TOTAL LIABILITIES, SHARES, & EQUITY 2,704,847
INCOME & EXPENSE  
 Loan Income 124,525
 Investment Income 49,691
 Other Income 23,031
 Total Employee Compensation & Benefits 80,763
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 90,556
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,000
 Cost of Funds 21,047
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,328
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