Dec, 31, 2023 — KAN COLO CREDIT UNION is a federally insured state chartered credit union headquartered in HOISINGTON, KS with 1 branch location and about $1.32 million in total assets. Opened 58 years ago in 1966, KAN COLO CREDIT UNION has about 108 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KAN COLO CREDIT UNION |
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Address: (Main Office) | Kan Colo Credit Union HOISINGTON, KS 67544 |
Phone: | (620) 653-4415 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 108 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66036 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,321,097 |
CEO/Manager: | Timothy McQuade |
Chairperson: | Chester S Freeman |
ASSETS: | $ Amount |
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Cash & Equivalents | 407,555 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 110 |
Other Loans | 311,790 |
TOTAL LOANS | 311,900 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,060 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 9,964 |
All Other Assets | 0 |
TOTAL ASSETS | 1,321,097 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,021 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,155,248 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,155,248 |
TOTAL LIABILITIES | 1,156,269 |
Regular Reserve | 0 |
Other Reserves | 46,965 |
Undivided Earnings | 117,863 |
TOTAL EQUITY | 164,828 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,321,097 |
INCOME & EXPENSE | |
Loan Income | 29,580 |
Investment Income | 20,518 |
Other Income | 215 |
Total Employee Compensation & Benefits | 11,797 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 15,086 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 10,876 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 12,573 |
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