Dec, 31, 2023 — HEMINGFORD COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in HEMINGFORD, NE with 1 branch location and about $8.60 million in total assets. Opened 73 years ago in 1951, HEMINGFORD COMMUNITY FEDERAL CREDIT UNION has about 1,026 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: | HEMINGFORD COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 801 BOX BUTTE AVE HEMINGFORD, NE 69348-9700 |
Phone: | (308) 487-5578 |
Fax: | (308) 487-5577 |
Website: | https://hemingfordcreditunion.com |
Branches: | 1 branch locations |
Members: | 1,026 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7210 |
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Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 1951 |
Last Audited: | Jan 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $8,603,921 |
CEO/Manager: | TIFFANY MCGOWAN |
Chairperson: | TROY SORENSEN |
ASSETS: | $ Amount |
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Cash & Equivalents | 741,096 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,008,781 |
Unsecured Loans | 52,258 |
Other Loans | 4,159,282 |
TOTAL LOANS | 5,220,323 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -62,967 |
Land And Building | 10,093 |
Other Fixed Assets | 11,068 |
NCUSIF Deposit | 89,223 |
All Other Assets | 0 |
TOTAL ASSETS | 8,603,921 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 11,545 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 11,907 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,539,200 |
Regular shares | 5,510,837 |
All Other Shares & Deposits | 630,159 |
TOTAL SHARES & DEPOSITS | 7,680,196 |
TOTAL LIABILITIES | 7,703,648 |
Regular Reserve | 0 |
Other Reserves | 65,875 |
Undivided Earnings | 834,398 |
TOTAL EQUITY | 900,273 |
TOTAL LIABILITIES, SHARES, & EQUITY | 8,603,921 |
INCOME & EXPENSE | |
Loan Income | 209,063 |
Investment Income | 148,210 |
Other Income | 42,071 |
Total Employee Compensation & Benefits | 122,381 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 143,888 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,250 |
Cost of Funds | 38,026 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 85,799 |
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