Dec, 31, 2023 — CRCH EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ROANOKE, VA with 1 branch location and about $6.11 million in total assets. Opened 48 years ago in 1976, CRCH EMPLOYEES FEDERAL CREDIT UNION has about 1,257 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CRCH EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 109 Highland Ave SW ROANOKE, VA 24016-4413 |
| Phone: | (540) 985-8535 |
| Fax: | (540) 985-8504 |
| Website: | https://www.crchcreditunion.com |
| Branches: | 1 branch locations |
| Members: | 1,257 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22322 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1976 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,112,935 |
| CEO/Manager: | LAWRENCE A RACKOW |
| Chairperson: | Cynthia W Hodges |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 335,222 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 24,661 |
| Unsecured Loans | 526,024 |
| Other Loans | 2,842,259 |
| TOTAL LOANS | 3,392,944 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,332 |
| Land And Building | 44,727 |
| Other Fixed Assets | 2,128 |
| NCUSIF Deposit | 50,842 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,112,935 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 44,797 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,690,904 |
| All Other Shares & Deposits | 2,390,839 |
| TOTAL SHARES & DEPOSITS | 5,081,743 |
| TOTAL LIABILITIES | 5,126,540 |
| Regular Reserve | 0 |
| Other Reserves | 171,266 |
| Undivided Earnings | 815,129 |
| TOTAL EQUITY | 986,395 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,112,935 |
| INCOME & EXPENSE | |
| Loan Income | 274,291 |
| Investment Income | 68,854 |
| Other Income | 19,012 |
| Total Employee Compensation & Benefits | 171,904 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 70,358 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 58,000 |
| Cost of Funds | 60,930 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,238 |
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