Dec, 31, 2023 — PARIS HI-WAY CREDIT UNION is a federally insured state chartered credit union headquartered in PARIS, IL with 1 branch location and about $10.38 million in total assets. Opened 69 years ago in 1955, PARIS HI-WAY CREDIT UNION has about 911 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PARIS HI-WAY CREDIT UNION |
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Address: (Main Office) | 13473 IL Highway 133 PARIS, IL 61944 |
Phone: | (217) 463-1772 |
Fax: | (217) 463-2081 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 911 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64242 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,375,147 |
CEO/Manager: | JILL J COOMBES |
Chairperson: | Kensil Garnett |
ASSETS: | $ Amount |
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Cash & Equivalents | 900,673 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,350,589 |
Other Loans | 5,188,646 |
TOTAL LOANS | 6,539,235 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -102,936 |
Land And Building | 0 |
Other Fixed Assets | 1,161 |
NCUSIF Deposit | 97,226 |
All Other Assets | 0 |
TOTAL ASSETS | 10,375,147 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 22,533 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 14,691 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 6,526,542 |
All Other Shares & Deposits | 2,208,192 |
TOTAL SHARES & DEPOSITS | 8,734,734 |
TOTAL LIABILITIES | 8,771,958 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,603,189 |
TOTAL EQUITY | 1,603,189 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,375,147 |
INCOME & EXPENSE | |
Loan Income | 245,209 |
Investment Income | 101,715 |
Other Income | 8,569 |
Total Employee Compensation & Benefits | 110,484 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 58,315 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 154,700 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 32,023 |
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