Mar, 31, 2021 — CONCORA WABASH FEDERAL CREDIT UNION is a federal credit union headquartered in WABASH, IN with 1 branch location and about $1.49 million in total assets. Opened 83 years ago in 1938, CONCORA WABASH FEDERAL CREDIT UNION has about 251 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: | 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: | 251 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,485,573 |
| CEO/Manager: | MINDA L PARISH |
| Chairperson: | MICHAEL ORPURT |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 198,647 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 75,548 |
| Other Loans | 1,203,723 |
| TOTAL LOANS | 1,279,271 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,749 |
| Land And Building | 0 |
| Other Fixed Assets | 2,044 |
| NCUSIF Deposit | 9,937 |
| All Other Assets | 4,423 |
| TOTAL ASSETS | 1,485,573 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 6 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,730 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,242,472 |
| All Other Shares & Deposits | 16,710 |
| TOTAL SHARES & DEPOSITS | 1,259,182 |
| TOTAL LIABILITIES | 1,260,918 |
| Regular Reserve | 33,450 |
| Other Reserves | 0 |
| Undivided Earnings | 191,205 |
| TOTAL EQUITY | 224,655 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,485,573 |
| INCOME & EXPENSE | |
| Loan Income | 14,720 |
| Investment Income | 40 |
| Other Income | 249 |
| Total Employee Compensation & Benefits | 8,762 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,157 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 200 |
| Cost of Funds | 295 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,605 |
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