Dec, 31, 2023 — WEOKIE FEDERAL CREDIT UNION is a federal credit union headquartered in OKLAHOMA CITY, OK with 13 branch locations and about $1.51 billion in total assets. Opened 55 years ago in 1969, WEOKIE FEDERAL CREDIT UNION has about 63,763 members and employs 224 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WEOKIE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 8100 W Reno Ave OKLAHOMA CITY, OK 73127-7229 |
| Phone: | (405) 235-3030 |
| Fax: | (405) 415-9752 |
| Website: | https://www.weokie.org |
| Branches: | 13 branch locations |
| Members: | 63,763 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24899 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1969 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,508,427,144 |
| CEO/Manager: | Jeff A Carpenter |
| Chairperson: | Warren F Pybas |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 124,801,674 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 670,833,866 |
| Unsecured Loans | 27,731,480 |
| Other Loans | 340,064,071 |
| TOTAL LOANS | 1,038,629,417 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,193,079 |
| Land And Building | 43,445,515 |
| Other Fixed Assets | 6,024,921 |
| NCUSIF Deposit | 9,264,704 |
| All Other Assets | 862,794 |
| TOTAL ASSETS | 1,508,427,144 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 334,329,190 |
| Accounts Payable & Other Liabilities | 13,073,106 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 195,496,969 |
| Regular shares | 262,560,759 |
| All Other Shares & Deposits | 550,098,205 |
| TOTAL SHARES & DEPOSITS | 1,008,155,933 |
| TOTAL LIABILITIES | 1,355,588,267 |
| Regular Reserve | 0 |
| Other Reserves | -19,391,405 |
| Undivided Earnings | 172,230,282 |
| TOTAL EQUITY | 152,838,877 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,508,427,144 |
| INCOME & EXPENSE | |
| Loan Income | 47,734,736 |
| Investment Income | 13,653,395 |
| Other Income | 8,929,435 |
| Total Employee Compensation & Benefits | 19,909,914 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 16,525,893 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,783,773 |
| Cost of Funds | 25,446,387 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,167,366 |
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