Dec, 31, 2023 — WEATHERHEAD C C FEDERAL CREDIT UNION is a federal credit union headquartered in COLUMBIA CITY, IN with 1 branch location and about $22.63 million in total assets. Opened 59 years ago in 1965, WEATHERHEAD C C FEDERAL CREDIT UNION has about 2,187 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | WEATHERHEAD C C FEDERAL CREDIT UNION |
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Address: (Main Office) | 511 N Line St COLUMBIA CITY, IN 46725 |
Phone: | (260) 248-8309 |
Fax: | (260) 248-8335 |
Website: | https://www.weatherheadfcu.com |
Branches: | 1 branch locations |
Members: | 2,187 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 16732 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1965 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $22,634,380 |
CEO/Manager: | Juliana L Johnson |
Chairperson: | Scott Wise |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,300,186 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 294,621 |
Unsecured Loans | 551,811 |
Other Loans | 7,853,311 |
TOTAL LOANS | 8,699,743 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,997 |
Land And Building | 72,780 |
Other Fixed Assets | 1,572 |
NCUSIF Deposit | 194,075 |
All Other Assets | 0 |
TOTAL ASSETS | 22,634,380 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,269 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 41,447 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,625,509 |
Regular shares | 9,987,913 |
All Other Shares & Deposits | 6,556,423 |
TOTAL SHARES & DEPOSITS | 20,169,845 |
TOTAL LIABILITIES | 20,212,561 |
Regular Reserve | 0 |
Other Reserves | 288,606 |
Undivided Earnings | 2,133,213 |
TOTAL EQUITY | 2,421,819 |
TOTAL LIABILITIES, SHARES, & EQUITY | 22,634,380 |
INCOME & EXPENSE | |
Loan Income | 439,879 |
Investment Income | 176,150 |
Other Income | 149,445 |
Total Employee Compensation & Benefits | 211,475 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 333,977 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,000 |
Cost of Funds | 31,788 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 181,234 |
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