Dec, 31, 2023 — ONE THIRTEEN CREDIT UNION is a federally insured state chartered credit union headquartered in COLORADO SPRINGS, CO with 1 branch location and about $8.41 million in total assets. Opened 66 years ago in 1958, ONE THIRTEEN CREDIT UNION has about 1,064 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ONE THIRTEEN CREDIT UNION |
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Address: (Main Office) | 3505 N Chestnut St COLORADO SPRINGS, CO 80907-4101 |
Phone: | (719) 632-7118 |
Fax: | (719) 632-7059 |
Website: | https://www.113creditunion.com |
Branches: | 1 branch locations |
Members: | 1,064 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64340 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1958 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $8,408,419 |
CEO/Manager: | Jaclyn R Robertson |
Chairperson: | Karim Sharpton |
ASSETS: | $ Amount |
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Cash & Equivalents | 890,490 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 826,723 |
Other Loans | 4,809,204 |
TOTAL LOANS | 5,635,927 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -92,878 |
Land And Building | 70,279 |
Other Fixed Assets | 18,403 |
NCUSIF Deposit | 82,178 |
All Other Assets | 0 |
TOTAL ASSETS | 8,408,419 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 107 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 30,929 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,258,073 |
Regular shares | 3,922,569 |
All Other Shares & Deposits | 1,451,878 |
TOTAL SHARES & DEPOSITS | 7,632,519 |
TOTAL LIABILITIES | 7,663,555 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 744,864 |
TOTAL EQUITY | 744,864 |
TOTAL LIABILITIES, SHARES, & EQUITY | 8,408,419 |
INCOME & EXPENSE | |
Loan Income | 291,160 |
Investment Income | 122,484 |
Other Income | 62,359 |
Total Employee Compensation & Benefits | 186,150 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 239,426 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 35,950 |
Cost of Funds | 21,504 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 50,715 |
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