Dec, 31, 2023 — TEAMSTERS LOCAL 697 FEDERAL CREDIT UNION is a federal credit union headquartered in WHEELING, WV with 1 branch location and about $2.85 million in total assets. Opened 52 years ago in 1972, TEAMSTERS LOCAL 697 FEDERAL CREDIT UNION has about 551 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEAMSTERS LOCAL 697 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 901 Market St WHEELING, WV 26003-2918 |
| Phone: | (304) 232-9840 |
| Fax: | (304) 232-5840 |
| Website: | https://teamsters697creditunion.com |
| Branches: | 1 branch locations |
| Members: | 551 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20957 |
|---|---|
| Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1972 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,852,653 |
| CEO/Manager: | Rebecca L Komorowski |
| Chairperson: | William J Holt |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 676,246 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 581,874 |
| Other Loans | 1,552,164 |
| TOTAL LOANS | 2,134,038 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,059 |
| Land And Building | 0 |
| Other Fixed Assets | 15,072 |
| NCUSIF Deposit | 28,407 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,852,653 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,718 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,984 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 588,126 |
| Regular shares | 1,945,742 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,533,868 |
| TOTAL LIABILITIES | 2,543,570 |
| Regular Reserve | 0 |
| Other Reserves | 27,171 |
| Undivided Earnings | 281,912 |
| TOTAL EQUITY | 309,083 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,852,653 |
| INCOME & EXPENSE | |
| Loan Income | 182,641 |
| Investment Income | 20,168 |
| Other Income | 14,229 |
| Total Employee Compensation & Benefits | 93,251 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 82,037 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 18,000 |
| Cost of Funds | 10,723 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 17,715 |
| ↑ Back to Top | |