Jun, 30, 2021 — WEATHERHEAD C C FEDERAL CREDIT UNION is a federal credit union headquartered in Columbia City, IN with 1 branch location and about $21.64 million in total assets. Opened 56 years ago in 1965, WEATHERHEAD C C FEDERAL CREDIT UNION has about 2,263 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.
| Name: | WEATHERHEAD C C FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | POB 431 Columbia City, IN 46725 |
| Phone: | (260) 248-8309 |
| Fax: | (260) 248-8335 |
| Website: | http://www.weatherheadfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,263 |
| 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: | $21,641,063 |
| CEO/Manager: | Juliana L Johnson |
| Chairperson: | Scott Wise |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,432,679 |
| TOTAL INVESTMENTS | 10,451,788 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 209,658 |
| Unsecured Loans | 501,581 |
| Other Loans | 6,780,234 |
| TOTAL LOANS | 7,491,473 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,392 |
| Land And Building | 50,070 |
| Other Fixed Assets | 16,358 |
| NCUSIF Deposit | 168,751 |
| All Other Assets | 45,336 |
| TOTAL ASSETS | 21,641,063 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,183 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 32,487 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,635,406 |
| Regular shares | 9,478,665 |
| All Other Shares & Deposits | 6,458,646 |
| TOTAL SHARES & DEPOSITS | 19,572,717 |
| TOTAL LIABILITIES | 19,606,387 |
| Regular Reserve | 288,606 |
| Other Reserves | 0 |
| Undivided Earnings | 1,746,070 |
| TOTAL EQUITY | 2,034,676 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 21,641,063 |
| INCOME & EXPENSE | |
| Loan Income | 172,378 |
| Investment Income | 72,701 |
| Other Income | 75,737 |
| Total Employee Compensation & Benefits | 94,733 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 146,040 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 7,702 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 72,341 |
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