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 |
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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: | 254 |
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, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,464,664 |
CEO/Manager: | MINDA L PARISH |
Chairperson: | MICHAEL ORPURT |
ASSETS: | $ Amount |
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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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