Dec, 31, 2023 — CHAMPION FEDERAL CREDIT UNION is a federal credit union headquartered in CAMBRIDGE, OH with 0 branch location and about $6.03 million in total assets. Opened 54 years ago in 1970, CHAMPION FEDERAL CREDIT UNION has about 641 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CHAMPION FEDERAL CREDIT UNION |
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Address: (Main Office) | 6420 Glenn Hwy CAMBRIDGE, OH 43725 |
Phone: | (740) 432-6713 |
Fax: | |
Website: | https://www.championfcu.com |
Branches: | 0 branch locations |
Members: | 641 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20570 |
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Membership Type: | Manufacturing - Transportation Equipment |
Corporate Credit Union: | No |
Year Opened: | 1970 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,033,353 |
CEO/Manager: | Mary Dougherty |
Chairperson: | Paula Smith |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,228,279 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 152,034 |
Other Loans | 2,791,952 |
TOTAL LOANS | 2,943,987 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,104 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 58,362 |
All Other Assets | 0 |
TOTAL ASSETS | 6,033,353 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,595 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 204,360 |
Regular shares | 4,430,781 |
All Other Shares & Deposits | 629,206 |
TOTAL SHARES & DEPOSITS | 5,264,347 |
TOTAL LIABILITIES | 5,268,942 |
Regular Reserve | 0 |
Other Reserves | 95,486 |
Undivided Earnings | 668,925 |
TOTAL EQUITY | 764,411 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,033,353 |
INCOME & EXPENSE | |
Loan Income | 140,076 |
Investment Income | 75,934 |
Other Income | 11,821 |
Total Employee Compensation & Benefits | 70,498 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 59,715 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,000 |
Cost of Funds | 56,946 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 30,672 |
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