Dec, 31, 2021 — CONCORA WABASH FEDERAL CREDIT UNION is a federal credit union headquartered in WABASH, IN with 1 branch location and about $1.46 million in total assets. Opened 84 years ago in 1938, CONCORA WABASH FEDERAL CREDIT UNION has about 254 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 |
|---|---|
| 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: | 254 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3006 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,464,664 |
| CEO/Manager: | MINDA L PARISH |
| Chairperson: | MICHAEL ORPURT |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 265,060 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 61,298 |
| Other Loans | 1,128,716 |
| TOTAL LOANS | 1,190,014 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,123 |
| Land And Building | 0 |
| Other Fixed Assets | 1,455 |
| NCUSIF Deposit | 12,549 |
| All Other Assets | 3,709 |
| TOTAL ASSETS | 1,464,664 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,329 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,205,278 |
| All Other Shares & Deposits | 17,792 |
| TOTAL SHARES & DEPOSITS | 1,223,070 |
| TOTAL LIABILITIES | 1,225,406 |
| Regular Reserve | 33,450 |
| Other Reserves | 0 |
| Undivided Earnings | 205,808 |
| TOTAL EQUITY | 239,258 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,464,664 |
| INCOME & EXPENSE | |
| Loan Income | 59,416 |
| Investment Income | 201 |
| Other Income | 998 |
| Total Employee Compensation & Benefits | 37,902 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 10,365 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 650 |
| Cost of Funds | 1,207 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 18,207 |
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