Jun, 30, 2024 — WEDEVELOPMENT FEDERAL CREDIT UNION is a federal credit union headquartered in KANSAS CITY, MO with 1 branch location and about $446,107 in total assets. Opened 3 years ago in 2022, WEDEVELOPMENT FEDERAL CREDIT UNION has about 1 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: | WEDEVELOPMENT FEDERAL CREDIT UNION |
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Address: (Main Office) | 3123 Prospect Ave KANSAS CITY, MO 64128 |
Phone: | (816) 401-4979 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 1 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24937 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 2022 |
Last Audited: | Jan 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $446,107 |
CEO/Manager: | Gwendolyn Washington |
Chairperson: | Ajamu Webster |
ASSETS: | $ Amount |
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Cash & Equivalents | 278,306 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 0 |
Other Loans | 0 |
TOTAL LOANS | 0 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | 0 |
Land And Building | 0 |
Other Fixed Assets | 142,796 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 446,107 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 0 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 0 |
TOTAL LIABILITIES | 0 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 446,107 |
TOTAL EQUITY | 446,107 |
TOTAL LIABILITIES, SHARES, & EQUITY | 446,107 |
INCOME & EXPENSE | |
Loan Income | 0 |
Investment Income | 0 |
Other Income | 0 |
Total Employee Compensation & Benefits | 10,800 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 41,239 |
Non-operating Income & (Expense) | 525,807 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 0 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 473,773 |
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