Dec, 31, 2023 — TOLEDO METRO FEDERAL CREDIT UNION is a federal credit union headquartered in TOLEDO, OH with 2 branch locations and about $55.27 million in total assets. Opened 70 years ago in 1954, TOLEDO METRO FEDERAL CREDIT UNION has about 5,302 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TOLEDO METRO FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1212 Adams St TOLEDO, OH 43604 |
Phone: | (419) 242-4926 |
Fax: | (419) 242-8550 |
Website: | https://www.toledometro.com |
Branches: | 2 branch locations |
Members: | 5,302 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9189 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $55,273,985 |
CEO/Manager: | Sariah Flynn |
Chairperson: | David Kovacs |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,365,636 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 5,053,007 |
Unsecured Loans | 3,179,713 |
Other Loans | 19,992,164 |
TOTAL LOANS | 28,224,884 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -132,510 |
Land And Building | 783,926 |
Other Fixed Assets | 80,833 |
NCUSIF Deposit | 506,442 |
All Other Assets | 0 |
TOTAL ASSETS | 55,273,985 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 234,995 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 10,190,511 |
Regular shares | 25,170,654 |
All Other Shares & Deposits | 14,724,444 |
TOTAL SHARES & DEPOSITS | 50,085,608 |
TOTAL LIABILITIES | 50,320,603 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 4,953,382 |
TOTAL EQUITY | 4,953,382 |
TOTAL LIABILITIES, SHARES, & EQUITY | 55,273,985 |
INCOME & EXPENSE | |
Loan Income | 1,336,062 |
Investment Income | 391,882 |
Other Income | 382,699 |
Total Employee Compensation & Benefits | 1,032,479 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 798,280 |
Non-operating Income & (Expense) | -5,736 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,652 |
Cost of Funds | 294,736 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 107,275 |
↑ Back to Top |