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WUFFACE FEDERAL CREDIT UNION

Dec, 31, 2023 — WUFFACE FEDERAL CREDIT UNION is a federal credit union headquartered in RICHMOND, IN with 1 branch location and about $6.65 million in total assets. Opened 62 years ago in 1962, WUFFACE FEDERAL CREDIT UNION has about 747 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:WUFFACE FEDERAL CREDIT UNION
Address:
(Main Office)
400 N A St
RICHMOND, IN 47374-4244
Phone:(765) 935-2490
Fax:(765) 935-5433
Website:https://wufface.com
Branches:1 branch locations
Members:747
Credit Union Type:Federal Credit Union
Charter Number:15028
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1962
Last Audited:Jul 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$6,653,882
CEO/Manager:Jayma Bright
Chairperson:Daren Wilburn

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,469,828
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 527,580
 Other Loans 1,825,493
 TOTAL LOANS 2,353,074
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -18,678
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 63,673
 All Other Assets 0
  TOTAL ASSETS 6,653,882
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,119
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,513,485
 Regular shares 4,547,394
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 6,060,879
  TOTAL LIABILITIES 6,062,998
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 590,884
  TOTAL EQUITY 590,884
  TOTAL LIABILITIES, SHARES, & EQUITY 6,653,882
INCOME & EXPENSE  
 Loan Income 100,200
 Investment Income 148,591
 Other Income 77,236
 Total Employee Compensation & Benefits 70,674
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 219,857
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 15,988
 Cost of Funds 7,601
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,907
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