Dec, 31, 2021 — WEATHERHEAD C C FEDERAL CREDIT UNION is a federal credit union headquartered in COLUMBIA CITY, IN with 1 branch location and about $22.43 million in total assets. Opened 57 years ago in 1965, WEATHERHEAD C C FEDERAL CREDIT UNION has about 2,237 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: | WEATHERHEAD C C FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 511 N Line St COLUMBIA CITY, IN 46725 |
| Phone: | (260) 248-8309 |
| Fax: | (260) 248-8335 |
| Website: | http://www.weatherheadfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,237 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16732 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1965 |
| Last Audited: | Nov 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $22,427,841 |
| CEO/Manager: | Juliana L Johnson |
| Chairperson: | Scott Wise |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,261,900 |
| TOTAL INVESTMENTS | 12,199,788 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 164,840 |
| Unsecured Loans | 512,442 |
| Other Loans | 7,028,399 |
| TOTAL LOANS | 7,705,681 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,201 |
| Land And Building | 44,520 |
| Other Fixed Assets | 14,723 |
| NCUSIF Deposit | 168,751 |
| All Other Assets | 46,679 |
| TOTAL ASSETS | 22,427,841 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,199 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 34,957 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,083,914 |
| Regular shares | 9,412,937 |
| All Other Shares & Deposits | 6,773,646 |
| TOTAL SHARES & DEPOSITS | 20,270,497 |
| TOTAL LIABILITIES | 20,306,653 |
| Regular Reserve | 288,606 |
| Other Reserves | 0 |
| Undivided Earnings | 1,832,582 |
| TOTAL EQUITY | 2,121,188 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 22,427,841 |
| INCOME & EXPENSE | |
| Loan Income | 341,138 |
| Investment Income | 103,638 |
| Other Income | 60,615 |
| Total Employee Compensation & Benefits | 181,070 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 315,411 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 14,829 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 158,852 |
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