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HARRISON FEDERAL CREDIT UNION

Mar, 31, 2021 — HARRISON FEDERAL CREDIT UNION is a federal credit union headquartered in COLORADO SPRING, CO with 1 branch location and about $18.53 million in total assets. Opened 64 years ago in 1957, HARRISON FEDERAL CREDIT UNION has about 1,471 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:1,471
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:$18,534,408
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 2,402,733
TOTAL INVESTMENTS 4,759,787
Loans Held for Sale 0
 
 Real Estate Loans 5,445,459
 Unsecured Loans 1,527,919
 Other Loans 3,815,310
 TOTAL LOANS 10,788,688
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -24,226
 Land And Building 1
 Other Fixed Assets 49,570
 NCUSIF Deposit 135,309
 All Other Assets 422,546
  TOTAL ASSETS 18,534,408
LIABILITIES & CAPITAL:  
 Dividends Payable 4
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,013
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,818,627
 Regular shares 8,027,234
 All Other Shares & Deposits 5,060,120
  TOTAL SHARES & DEPOSITS 16,905,981
  TOTAL LIABILITIES 16,908,998
 Regular Reserve 273,626
 Other Reserves 0
 Undivided Earnings 1,351,784
  TOTAL EQUITY 1,625,410
  TOTAL LIABILITIES, SHARES, & EQUITY 18,534,408
INCOME & EXPENSE  
 Loan Income 123,005
 Investment Income 15,578
 Other Income 7,900
 Total Employee Compensation & Benefits 79,969
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 53,325
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 500
 Cost of Funds 15,194
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,443
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