Dec, 31, 2023 — ORLEX GOVERNMENT EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in NEWPORT, VT with 1 branch location and about $7.41 million in total assets. Opened 71 years ago in 1953, ORLEX GOVERNMENT EMPLOYEES CREDIT UNION has about 1,327 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: | ORLEX GOVERNMENT EMPLOYEES CREDIT UNION |
---|---|
Address: (Main Office) | 5043 US Route 5 NEWPORT, VT 05855-4543 |
Phone: | (802) 334-5084 |
Fax: | (802) 334-3846 |
Website: | https://www.orlex.com |
Branches: | 1 branch locations |
Members: | 1,327 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64782 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,408,182 |
CEO/Manager: | JUDY J JENNE |
Chairperson: | Jennie A Dion |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 530,664 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,260,257 |
Other Loans | 5,015,342 |
TOTAL LOANS | 6,275,599 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -30,339 |
Land And Building | 0 |
Other Fixed Assets | 8,976 |
NCUSIF Deposit | 62,913 |
All Other Assets | 0 |
TOTAL ASSETS | 7,408,182 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 54,002 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 17,127 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,046,827 |
Regular shares | 2,700,284 |
All Other Shares & Deposits | 2,852,007 |
TOTAL SHARES & DEPOSITS | 6,599,118 |
TOTAL LIABILITIES | 6,670,247 |
Regular Reserve | 0 |
Other Reserves | 142,698 |
Undivided Earnings | 595,237 |
TOTAL EQUITY | 737,935 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,408,182 |
INCOME & EXPENSE | |
Loan Income | 393,956 |
Investment Income | 30,010 |
Other Income | 40,109 |
Total Employee Compensation & Benefits | 212,491 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 158,158 |
Non-operating Income & (Expense) | -3,500 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 56,330 |
Cost of Funds | 69,352 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -35,756 |
↑ Back to Top |