Dec, 31, 2023 — KEMBA FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in GAHANNA, OH with 12 branch locations and about $2.13 billion in total assets. Opened 91 years ago in 1933, KEMBA FINANCIAL CREDIT UNION has about 129,309 members and employs 312 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KEMBA FINANCIAL CREDIT UNION |
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Address: (Main Office) | 555 Officenter Pl GAHANNA, OH 43230-5314 |
Phone: | (614) 235-2395 |
Fax: | (614) 338-3542 |
Website: | https://www.kemba.org |
Branches: | 12 branch locations |
Members: | 129,309 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 61623 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1933 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $2,128,157,113 |
CEO/Manager: | Mark H Decello |
Chairperson: | Donna Folberth |
ASSETS: | $ Amount |
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Cash & Equivalents | 120,835,609 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 720,342,909 |
Unsecured Loans | 234,207,827 |
Other Loans | 643,711,165 |
TOTAL LOANS | 1,598,472,606 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,537,082 |
Land And Building | 23,448,066 |
Other Fixed Assets | 15,065,835 |
NCUSIF Deposit | 16,037,764 |
All Other Assets | 87,250 |
TOTAL ASSETS | 2,128,157,113 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 118,358,648 |
Accounts Payable & Other Liabilities | 39,932,559 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 253,482,210 |
Regular shares | 240,006,474 |
All Other Shares & Deposits | 1,239,944,583 |
TOTAL SHARES & DEPOSITS | 1,733,433,266 |
TOTAL LIABILITIES | 1,891,773,712 |
Regular Reserve | 0 |
Other Reserves | -12,862,851 |
Undivided Earnings | 249,246,252 |
TOTAL EQUITY | 236,383,401 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,128,157,113 |
INCOME & EXPENSE | |
Loan Income | 88,744,048 |
Investment Income | 15,269,049 |
Other Income | 9,700,019 |
Total Employee Compensation & Benefits | 29,308,731 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 34,104,004 |
Non-operating Income & (Expense) | 549,149 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,735,047 |
Cost of Funds | 39,241,816 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 19,704,529 |
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