CALCITE CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.calcitecu.com for more information.
Dec, 31, 2023 — CALCITE CREDIT UNION is a federally insured state chartered credit union headquartered in Rogers City, MI with 3 branch locations and about $127.35 million in total assets. Opened 63 years ago in 1961, CALCITE CREDIT UNION has about 9,483 members and employs 22 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CALCITE CREDIT UNION |
|---|---|
| Address: (Main Office) | 478 N. Third St. Rogers City, MI 49779 |
| Phone: | (989) 734-4130 |
| Fax: | (989) 734-3422 |
| Website: | https://www.calcitecu.com |
| Branches: | 3 branch locations |
| Members: | 9,483 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62333 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $127,349,489 |
| CEO/Manager: | Barbara J Mills |
| Chairperson: | Scott McLennan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 22,972,567 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 20,594,214 |
| Unsecured Loans | 9,662,804 |
| Other Loans | 24,257,638 |
| TOTAL LOANS | 54,514,656 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -180,346 |
| Land And Building | 1,361,815 |
| Other Fixed Assets | 128,010 |
| NCUSIF Deposit | 1,054,088 |
| All Other Assets | 0 |
| TOTAL ASSETS | 127,349,489 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 51,825 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,631,783 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 22,520,543 |
| Regular shares | 38,184,347 |
| All Other Shares & Deposits | 54,607,850 |
| TOTAL SHARES & DEPOSITS | 115,312,740 |
| TOTAL LIABILITIES | 116,996,348 |
| Regular Reserve | 0 |
| Other Reserves | -2,998,298 |
| Undivided Earnings | 13,351,439 |
| TOTAL EQUITY | 10,353,141 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 127,349,489 |
| INCOME & EXPENSE | |
| Loan Income | 2,073,773 |
| Investment Income | 618,442 |
| Other Income | 271,645 |
| Total Employee Compensation & Benefits | 1,109,238 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,355,808 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 101,455 |
| Cost of Funds | 169,157 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 828,128 |
| ↑ Back to Top | |