Jun, 30, 2024 — CONCORA WABASH FEDERAL CREDIT UNION is a federal credit union headquartered in WABASH, IN with 1 branch location and about $1.59 million in total assets. Opened 87 years ago in 1938, CONCORA WABASH FEDERAL CREDIT UNION has about 251 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CONCORA WABASH FEDERAL CREDIT UNION |
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Address: (Main Office) | 455 FACTORY ST WABASH, IN 46992-3212 |
Phone: | (260) 569-3346 |
Fax: | (260) 569-3404 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 251 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3006 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Jun 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,591,248 |
CEO/Manager: | MINDA L PARISH |
Chairperson: | MICHAEL ORPURT |
ASSETS: | $ Amount |
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Cash & Equivalents | 255,697 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 70,356 |
Other Loans | 1,057,818 |
TOTAL LOANS | 1,128,174 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,407 |
Land And Building | 0 |
Other Fixed Assets | 866 |
NCUSIF Deposit | 12,231 |
All Other Assets | 0 |
TOTAL ASSETS | 1,591,248 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 13 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,736 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,324,236 |
All Other Shares & Deposits | 18,315 |
TOTAL SHARES & DEPOSITS | 1,342,551 |
TOTAL LIABILITIES | 1,345,300 |
Regular Reserve | 0 |
Other Reserves | 33,450 |
Undivided Earnings | 212,498 |
TOTAL EQUITY | 245,948 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,591,248 |
INCOME & EXPENSE | |
Loan Income | 43,105 |
Investment Income | 1,111 |
Other Income | 1,236 |
Total Employee Compensation & Benefits | 28,240 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 7,761 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 450 |
Cost of Funds | 4,440 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 6,690 |
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