Dec, 31, 2023 — LINKAGE CREDIT UNION is a federally insured state chartered credit union headquartered in WACO, TX with 1 branch location and about $18.36 million in total assets. Opened 93 years ago in 1931, LINKAGE CREDIT UNION has about 2,171 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LINKAGE CREDIT UNION |
|---|---|
| Address: (Main Office) | 4527 SPEIGHT AVE WACO, TX 76711 |
| Phone: | (254) 754-1168 |
| Fax: | (254) 754-7768 |
| Website: | https://www.linkagecu.com |
| Branches: | 1 branch locations |
| Members: | 2,171 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67519 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1931 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $18,356,687 |
| CEO/Manager: | MANDY HOLLE JOHNSON |
| Chairperson: | CHRISTINE KELLY |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,118,123 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,351,710 |
| Other Loans | 9,803,324 |
| TOTAL LOANS | 11,155,034 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -41,854 |
| Land And Building | 892,534 |
| Other Fixed Assets | 118,970 |
| NCUSIF Deposit | 153,083 |
| All Other Assets | 0 |
| TOTAL ASSETS | 18,356,687 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,606 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,950,098 |
| Regular shares | 8,504,266 |
| All Other Shares & Deposits | 3,774,855 |
| TOTAL SHARES & DEPOSITS | 15,229,219 |
| TOTAL LIABILITIES | 15,242,825 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,113,862 |
| TOTAL EQUITY | 3,113,862 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,356,687 |
| INCOME & EXPENSE | |
| Loan Income | 805,039 |
| Investment Income | 99,987 |
| Other Income | 157,339 |
| Total Employee Compensation & Benefits | 425,369 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 538,117 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,354 |
| Cost of Funds | 124,294 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 91,207 |
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