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CADMUS CREDIT UNION

Dec, 31, 2021 — CADMUS CREDIT UNION is a federally insured state chartered credit union headquartered in RICHMOND, VA with 0 branch location and about $1.01 million in total assets. Opened 71 years ago in 1951, CADMUS CREDIT UNION has about 334 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CADMUS CREDIT UNION
Address:
(Main Office)
2901 BYRDHILL RD
RICHMOND, VA 23228-5805
Phone:(804) 515-5155
Fax:(804) 266-2427
Website:http://www.cadmuscu.com
Branches:0 branch locations
Members:334
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60111
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1951
Last Audited:Jun 01, 2018
FHLB Member:No
Low Income Designation:No
Assets:$1,014,771
CEO/Manager:Jim Winkler
Chairperson:William M Groome

Call Report

  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 289,187
TOTAL INVESTMENTS 10,847
Loans Held for Sale 0
 
 Real Estate Loans 59,337
 Unsecured Loans 260,403
 Other Loans 374,478
 TOTAL LOANS 694,218
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,104
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 11,915
 All Other Assets 15,708
  TOTAL ASSETS 1,014,771
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 45,622
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 360,709
 Regular shares 532,226
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 892,935
  TOTAL LIABILITIES 938,557
 Regular Reserve 108,815
 Other Reserves 0
 Undivided Earnings -32,601
  TOTAL EQUITY 76,214
  TOTAL LIABILITIES, SHARES, & EQUITY 1,014,771
INCOME & EXPENSE  
 Loan Income 52,624
 Investment Income 2,196
 Other Income 7,637
 Total Employee Compensation & Benefits 101,926
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 39,274
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 91
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -78,834
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