Jun, 30, 2024 — WEATHERHEAD C C FEDERAL CREDIT UNION is a federal credit union headquartered in COLUMBIA CITY, IN with 1 branch location and about $22.53 million in total assets. Opened 60 years ago in 1965, WEATHERHEAD C C FEDERAL CREDIT UNION has about 2,227 members and employs 6 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: | https://www.weatherheadfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,227 |
| 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: | Sep 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $22,531,945 |
| CEO/Manager: | Juliana L Johnson |
| Chairperson: | Scott Wise |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 498,045 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 222,684 |
| Unsecured Loans | 499,463 |
| Other Loans | 7,324,172 |
| TOTAL LOANS | 8,046,319 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,938 |
| Land And Building | 39,955 |
| Other Fixed Assets | 8,106 |
| NCUSIF Deposit | 201,730 |
| All Other Assets | 0 |
| TOTAL ASSETS | 22,531,945 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,234 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 36,084 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,052,743 |
| Regular shares | 9,405,541 |
| All Other Shares & Deposits | 6,806,360 |
| TOTAL SHARES & DEPOSITS | 20,264,644 |
| TOTAL LIABILITIES | 20,301,962 |
| Regular Reserve | 0 |
| Other Reserves | 288,606 |
| Undivided Earnings | 1,941,377 |
| TOTAL EQUITY | 2,229,983 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 22,531,945 |
| INCOME & EXPENSE | |
| Loan Income | 251,150 |
| Investment Income | 100,172 |
| Other Income | 132,106 |
| Total Employee Compensation & Benefits | 136,164 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 227,509 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 10,960 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 108,795 |
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