Jun, 30, 2023 — WAYNE COUNTY COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in SMITHVILLE, OH with 2 branch locations and about $52.95 million in total assets. Opened 57 years ago in 1966, WAYNE COUNTY COMMUNITY FEDERAL CREDIT UNION has about 4,813 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WAYNE COUNTY COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 311 Kaufman Drive SMITHVILLE, OH 44677 |
| Phone: | (330) 669-2117 |
| Fax: | (330) 669-9216 |
| Website: | https://www.wccfcu.com |
| Branches: | 2 branch locations |
| Members: | 4,813 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17449 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $52,949,572 |
| CEO/Manager: | Timothy Csuti |
| Chairperson: | Wilbert Moss |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,295,036 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,959,150 |
| Unsecured Loans | 1,292,775 |
| Other Loans | 5,099,023 |
| TOTAL LOANS | 10,350,948 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -109,543 |
| Land And Building | 310,946 |
| Other Fixed Assets | 42,680 |
| NCUSIF Deposit | 465,746 |
| All Other Assets | 0 |
| TOTAL ASSETS | 52,949,572 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 10,313 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 155,911 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,999,687 |
| Regular shares | 35,366,999 |
| All Other Shares & Deposits | 5,579,364 |
| TOTAL SHARES & DEPOSITS | 47,946,050 |
| TOTAL LIABILITIES | 48,112,274 |
| Regular Reserve | 0 |
| Other Reserves | 885,211 |
| Undivided Earnings | 3,952,087 |
| TOTAL EQUITY | 4,837,298 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 52,949,572 |
| INCOME & EXPENSE | |
| Loan Income | 419,495 |
| Investment Income | 360,315 |
| Other Income | 270,885 |
| Total Employee Compensation & Benefits | 491,219 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 570,241 |
| Non-operating Income & (Expense) | 1,102 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -34,426 |
| Cost of Funds | 34,581 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 32,704 |
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