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CONCORA WABASH FEDERAL CREDIT UNION

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
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, 2022
FHLB Member:No
Low Income Designation:No
Assets:$1,591,248
CEO/Manager:MINDA L PARISH
Chairperson:MICHAEL ORPURT

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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