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HARRISON FEDERAL CREDIT UNION

Dec, 31, 2020 — HARRISON FEDERAL CREDIT UNION is a federal credit union headquartered in COLORADO SPRING, CO with 1 branch location and about $18.43 million in total assets. Opened 64 years ago in 1957, HARRISON FEDERAL CREDIT UNION has about 1,467 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 307074768
Name:HARRISON FEDERAL CREDIT UNION
Address:
(Main Office)
1060 HARRISON RD
COLORADO SPRING, CO 80905
Phone:(719) 527-1358
Fax:(719) 538-4888
Website:http://www.iamharrison.com
Branches:1 branch locations
Members:1,467
Credit Union Type:Federal Credit Union
Charter Number:12056
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1957
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$18,433,876
CEO/Manager:Nicholas A Jensen
Chairperson:Paul Olney

Call Report

  • Credit Builder
  • Debt Cancellation/Suspension
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • Payday Alternative Loans (PAL Loans)
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,846,003
TOTAL INVESTMENTS 4,789,733
Loans Held for Sale 0
 
 Real Estate Loans 5,691,470
 Unsecured Loans 1,649,185
 Other Loans 3,898,489
 TOTAL LOANS 11,239,144
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -23,684
 Land And Building 213
 Other Fixed Assets 52,932
 NCUSIF Deposit 135,309
 All Other Assets 394,226
  TOTAL ASSETS 18,433,876
LIABILITIES & CAPITAL:  
 Dividends Payable 4
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 20,800
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,701,613
 Regular shares 7,819,075
 All Other Shares & Deposits 5,272,416
  TOTAL SHARES & DEPOSITS 16,793,104
  TOTAL LIABILITIES 16,813,908
 Regular Reserve 273,626
 Other Reserves 0
 Undivided Earnings 1,346,342
  TOTAL EQUITY 1,619,968
  TOTAL LIABILITIES, SHARES, & EQUITY 18,433,876
INCOME & EXPENSE  
 Loan Income 498,393
 Investment Income 67,291
 Other Income 63,312
 Total Employee Compensation & Benefits 306,188
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 213,746
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 6,477
 Cost of Funds 70,166
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 32,419
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