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HARRISON FEDERAL CREDIT UNION

Dec, 31, 2023 — HARRISON FEDERAL CREDIT UNION is a federal credit union headquartered in Colorado Spring, CO with 1 branch location and about $17.76 million in total assets. Opened 67 years ago in 1957, HARRISON FEDERAL CREDIT UNION has about 1,302 members and employs 5 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:https://www.iamharrison.com
Branches:1 branch locations
Members:1,302
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:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$17,760,577
CEO/Manager:Fhilecya Moore
Chairperson:Janelle Potter

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,242,753
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 5,037,699
 Unsecured Loans 2,057,350
 Other Loans 3,294,347
 TOTAL LOANS 10,441,499
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -74,831
 Land And Building 15,808
 Other Fixed Assets 32,581
 NCUSIF Deposit 167,931
 All Other Assets 0
  TOTAL ASSETS 17,760,577
LIABILITIES & CAPITAL:  
 Dividends Payable 330
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 54,326
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,105,873
 Regular shares 8,212,954
 All Other Shares & Deposits 4,129,238
  TOTAL SHARES & DEPOSITS 16,448,065
  TOTAL LIABILITIES 16,502,721
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,257,856
  TOTAL EQUITY 1,257,856
  TOTAL LIABILITIES, SHARES, & EQUITY 17,760,577
INCOME & EXPENSE  
 Loan Income 313,378
 Investment Income 28,817
 Other Income 43,216
 Total Employee Compensation & Benefits 192,057
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 259,122
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 354,975
 Cost of Funds 19,844
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -382,375
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