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WUFFACE FEDERAL CREDIT UNION

Jun, 30, 2021 — WUFFACE FEDERAL CREDIT UNION is a federal credit union headquartered in Richmond, IN with 1 branch location and about $7.05 million in total assets. Opened 59 years ago in 1962, WUFFACE FEDERAL CREDIT UNION has about 982 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.


Name:WUFFACE FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. Box 1601
Richmond, IN 47375
Phone:(765) 935-2490
Fax:(765) 935-5433
Website:wufface.com
Branches:1 branch locations
Members:982
Credit Union Type:Federal Credit Union
Charter Number:15028
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1962
Last Audited:Jul 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$7,052,221
CEO/Manager:Jayma J Wilburn
Chairperson:Daren Wilburn

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,848,322
TOTAL INVESTMENTS 3,215,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 513,260
 Other Loans 1,423,570
 TOTAL LOANS 1,936,830
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -12,074
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 58,879
 All Other Assets 5,264
  TOTAL ASSETS 7,052,221
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,470
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,532,911
 Regular shares 4,902,452
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 6,435,363
  TOTAL LIABILITIES 6,437,833
 Regular Reserve 59,524
 Other Reserves 0
 Undivided Earnings 554,864
  TOTAL EQUITY 614,388
  TOTAL LIABILITIES, SHARES, & EQUITY 7,052,221
INCOME & EXPENSE  
 Loan Income 44,298
 Investment Income 8,361
 Other Income 8,047
 Total Employee Compensation & Benefits 37,048
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 58,428
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -3,081
 Cost of Funds 1,852
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,007
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