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ONE THIRTEEN CREDIT UNION

Dec, 31, 2023 — ONE THIRTEEN CREDIT UNION is a federally insured state chartered credit union headquartered in COLORADO SPRINGS, CO with 1 branch location and about $8.41 million in total assets. Opened 66 years ago in 1958, ONE THIRTEEN CREDIT UNION has about 1,064 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ONE THIRTEEN CREDIT UNION
Address:
(Main Office)
3505 N Chestnut St
COLORADO SPRINGS, CO 80907-4101
Phone:(719) 632-7118
Fax:(719) 632-7059
Website:https://www.113creditunion.com
Branches:1 branch locations
Members:1,064
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:64340
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1958
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$8,408,419
CEO/Manager:Jaclyn R Robertson
Chairperson:Karim Sharpton

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 890,490
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 826,723
 Other Loans 4,809,204
 TOTAL LOANS 5,635,927
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -92,878
 Land And Building 70,279
 Other Fixed Assets 18,403
 NCUSIF Deposit 82,178
 All Other Assets 0
  TOTAL ASSETS 8,408,419
LIABILITIES & CAPITAL:  
 Dividends Payable 107
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 30,929
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,258,073
 Regular shares 3,922,569
 All Other Shares & Deposits 1,451,878
  TOTAL SHARES & DEPOSITS 7,632,519
  TOTAL LIABILITIES 7,663,555
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 744,864
  TOTAL EQUITY 744,864
  TOTAL LIABILITIES, SHARES, & EQUITY 8,408,419
INCOME & EXPENSE  
 Loan Income 291,160
 Investment Income 122,484
 Other Income 62,359
 Total Employee Compensation & Benefits 186,150
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 239,426
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 35,950
 Cost of Funds 21,504
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 50,715
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