Dec, 31, 2023 — EDDYVILLE COOPERATIVE CREDIT UNION is a federally insured state chartered credit union headquartered in EDDYVILLE, NE with 0 branch location and about $1.69 million in total assets. Opened 40 years ago in 1984, EDDYVILLE COOPERATIVE CREDIT UNION has about 130 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EDDYVILLE COOPERATIVE CREDIT UNION |
|---|---|
| Address: (Main Office) | 501 Central Ave EDDYVILLE, NE 68834 |
| Phone: | (308) 858-4440 |
| Fax: | (308) 858-4440 |
| Website: | n/a |
| Branches: | 0 branch locations |
| Members: | 130 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66274 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1984 |
| Last Audited: | Oct 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,688,240 |
| CEO/Manager: | Michael M McTygue |
| Chairperson: | Bryce Williams |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 541,611 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,281 |
| Other Loans | 892,324 |
| TOTAL LOANS | 893,605 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -26,981 |
| Land And Building | 83 |
| Other Fixed Assets | 7,285 |
| NCUSIF Deposit | 17,087 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,688,240 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 24,085 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 521,308 |
| Regular shares | 494,764 |
| All Other Shares & Deposits | 284,327 |
| TOTAL SHARES & DEPOSITS | 1,300,399 |
| TOTAL LIABILITIES | 1,324,484 |
| Regular Reserve | 0 |
| Other Reserves | 102,916 |
| Undivided Earnings | 260,840 |
| TOTAL EQUITY | 363,756 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,688,240 |
| INCOME & EXPENSE | |
| Loan Income | 67,573 |
| Investment Income | 37,687 |
| Other Income | 8,248 |
| Total Employee Compensation & Benefits | 56,570 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 38,169 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,200 |
| Cost of Funds | 6,753 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 10,816 |
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