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 |
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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 |
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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 |
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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 |
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