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CORNING GLASS WORKS HARRODSBG FEDERAL CREDIT UNION

Jun, 30, 2021 — CORNING GLASS WORKS HARRODSBG FEDERAL CREDIT UNION is a federal credit union headquartered in Harrodsburg, KY with 1 branch location and about $5.47 million in total assets. Opened 65 years ago in 1956, CORNING GLASS WORKS HARRODSBG FEDERAL CREDIT UNION has about 809 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:809
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:$5,467,467
CEO/Manager:Amy B Hart
Chairperson:John Cochran

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,115,310
TOTAL INVESTMENTS 2,823,121
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 208,453
 Other Loans 1,279,262
 TOTAL LOANS 1,487,715
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,913
 Land And Building 0
 Other Fixed Assets 1,684
 NCUSIF Deposit 40,862
 All Other Assets 4,688
  TOTAL ASSETS 5,467,467
LIABILITIES & CAPITAL:  
 Dividends Payable 9,600
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,015
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,437,684
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,437,684
  TOTAL LIABILITIES 4,455,299
 Regular Reserve 171,929
 Other Reserves 0
 Undivided Earnings 840,239
  TOTAL EQUITY 1,012,168
  TOTAL LIABILITIES, SHARES, & EQUITY 5,467,467
INCOME & EXPENSE  
 Loan Income 36,736
 Investment Income 20,709
 Other Income 0
 Total Employee Compensation & Benefits 33,586
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 18,063
 Non-operating Income & (Expense) -286
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -19,618
 Cost of Funds 9,590
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 16,402
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