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MID-KANSAS CREDIT UNION

Mar, 31, 2022 — MID-KANSAS CREDIT UNION is a federally insured state chartered credit union headquartered in MOUNDRIDGE, KS with 2 branch locations and about $69.48 million in total assets. Opened 50 years ago in 1972, MID-KANSAS CREDIT UNION has about 4,060 members and employs 19 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MID-KANSAS CREDIT UNION
Address:
(Main Office)
PO Box 608
MOUNDRIDGE, KS 67107
Phone:(620) 345-2980
Fax:(620) 345-2996
Website:http://www.mkcu.coop
Branches:2 branch locations
Members:4,060
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60906
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1972
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$69,476,523
CEO/Manager:Gary L Duerksen
Chairperson:Adam Robb

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,019,403
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 18,972,065
 Unsecured Loans 1,470,634
 Other Loans 23,284,002
 TOTAL LOANS 47,870,976
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -206,148
 Land And Building 2,146,445
 Other Fixed Assets 234,301
 NCUSIF Deposit 555,592
 All Other Assets 0
  TOTAL ASSETS 69,476,523
LIABILITIES & CAPITAL:  
 Dividends Payable 50,577
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 135,957
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 15,399,363
 Regular shares 27,274,741
 All Other Shares & Deposits 21,082,066
  TOTAL SHARES & DEPOSITS 63,756,170
  TOTAL LIABILITIES 63,942,704
 Regular Reserve 0
 Other Reserves 4,154,509
 Undivided Earnings 1,379,310
  TOTAL EQUITY 5,533,819
  TOTAL LIABILITIES, SHARES, & EQUITY 69,476,523
INCOME & EXPENSE  
 Loan Income 514,563
 Investment Income 52,564
 Other Income 38,051
 Total Employee Compensation & Benefits 344,832
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 282,597
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 38,320
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 30,677
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