CENTRAL HANNA EMPLOYEES CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2022 — CENTRAL HANNA EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in KEEWATIN, MN with 1 branch location and about $4.22 million in total assets. Opened 66 years ago in 1957, CENTRAL HANNA EMPLOYEES CREDIT UNION has about 624 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: | CENTRAL HANNA EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 465 KEEWATIN, MN 55753-0465 |
| Phone: | (218) 778-6833 |
| Fax: | (218) 778-6968 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 624 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60360 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,223,403 |
| CEO/Manager: | Sally S Baratto |
| Chairperson: | Jack Thronson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,054,415 |
| TOTAL INVESTMENTS | 1,153,350 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 90,427 |
| Other Loans | 1,837,133 |
| TOTAL LOANS | 1,927,560 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,423 |
| Land And Building | 51,745 |
| Other Fixed Assets | 9,226 |
| NCUSIF Deposit | 27,370 |
| All Other Assets | 2,160 |
| TOTAL ASSETS | 4,223,403 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,321 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 464,067 |
| Regular shares | 3,024,388 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,488,455 |
| TOTAL LIABILITIES | 3,493,776 |
| Regular Reserve | 97,599 |
| Other Reserves | 0 |
| Undivided Earnings | 632,028 |
| TOTAL EQUITY | 729,627 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,223,403 |
| INCOME & EXPENSE | |
| Loan Income | 55,964 |
| Investment Income | 2,425 |
| Other Income | 5,906 |
| Total Employee Compensation & Benefits | 45,987 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 40,970 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -8,810 |
| Cost of Funds | 1,423 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 8,278 |
| ↑ Back to Top | |