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CORNING GLASS WORKS HARRODSBG FEDERAL CREDIT UNION

Mar, 31, 2021 — CORNING GLASS WORKS HARRODSBG FEDERAL CREDIT UNION is a federal credit union headquartered in Harrodsburg, KY with 1 branch location and about $5.25 million in total assets. Opened 65 years ago in 1956, CORNING GLASS WORKS HARRODSBG FEDERAL CREDIT UNION has about 802 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CORNING GLASS WORKS HARRODSBG FEDERAL CREDIT UNION
Address:
(Main Office)
680 E Office St
Harrodsburg, KY 40330
Phone:(859) 734-9656
Fax:(859) 734-9880
Website:n/a
Branches:1 branch locations
Members:802
Credit Union Type:Federal Credit Union
Charter Number:11285
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1956
Last Audited:Jan 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$5,245,040
CEO/Manager:Amy B Hart
Chairperson:John Cochran

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 876,284
TOTAL INVESTMENTS 3,071,121
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 172,785
 Other Loans 1,084,838
 TOTAL LOANS 1,257,623
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,547
 Land And Building 0
 Other Fixed Assets 1,795
 NCUSIF Deposit 40,881
 All Other Assets 7,883
  TOTAL ASSETS 5,245,040
LIABILITIES & CAPITAL:  
 Dividends Payable 4,800
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,593
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,228,051
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,228,051
  TOTAL LIABILITIES 4,239,444
 Regular Reserve 171,930
 Other Reserves 0
 Undivided Earnings 833,666
  TOTAL EQUITY 1,005,596
  TOTAL LIABILITIES, SHARES, & EQUITY 5,245,040
INCOME & EXPENSE  
 Loan Income 18,549
 Investment Income 10,521
 Other Income 0
 Total Employee Compensation & Benefits 17,311
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 8,927
 Non-operating Income & (Expense) -286
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -11,684
 Cost of Funds 4,800
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 9,855
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