Sep, 30, 2025 — OLATHE FEDERAL CREDIT UNION is a federal credit union headquartered in OLATHE, CO with 1 branch location and about $1.54 million in total assets. Opened 68 years ago in 1958, OLATHE FEDERAL CREDIT UNION has about 279 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | OLATHE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 314 Main St OLATHE, CO 81425 |
| Phone: | (970) 323-5448 |
| Fax: | (970) 323-5512 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 279 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12608 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Apr 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,538,807 |
| CEO/Manager: | Nancy G Reaksecker |
| Chairperson: | Jesus Torres |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 315,643 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 136,268 |
| Other Loans | 982,158 |
| TOTAL LOANS | 1,118,426 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,955 |
| Land And Building | 0 |
| Other Fixed Assets | 627 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 10,154 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,538,807 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 130,468 |
| Regular shares | 0 |
| All Other Shares & Deposits | 1,317,252 |
| TOTAL SHARES & DEPOSITS | 1,447,720 |
| TOTAL LIABILITIES | 1,447,720 |
| Regular Reserve | 0 |
| Other Reserves | 15,397 |
| Undivided Earnings | 75,690 |
| TOTAL EQUITY | 91,087 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,538,807 |
| INCOME & EXPENSE | |
| Loan Income | 71,221 |
| Investment Income | 1,043 |
| Other Income | 2,259 |
| Total Employee Compensation & Benefits | 13,000 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 13,813 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 39,483 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 8,319 |
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