Mar, 31, 2022 — CAPITOL VIEW CREDIT UNION is a federally insured state chartered credit union headquartered in DES MOINES, IA with 1 branch location and about $44.76 million in total assets. Opened 78 years ago in 1944, CAPITOL VIEW CREDIT UNION has about 1,917 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CAPITOL VIEW CREDIT UNION |
|---|---|
| Address: (Main Office) | 623 E 12th St DES MOINES, IA 50309 |
| Phone: | (515) 348-8350 |
| Fax: | (515) 348-8351 |
| Website: | http://www.capview.com |
| Branches: | 1 branch locations |
| Members: | 1,917 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62878 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1944 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $44,760,421 |
| CEO/Manager: | Brent D Kowalsky |
| Chairperson: | Carl L Martin |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 19,530,722 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,581,629 |
| Unsecured Loans | 1,615,027 |
| Other Loans | 8,401,702 |
| TOTAL LOANS | 19,598,358 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -151,763 |
| Land And Building | 1,099,253 |
| Other Fixed Assets | 40,047 |
| NCUSIF Deposit | 337,666 |
| All Other Assets | 0 |
| TOTAL ASSETS | 44,760,421 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 182,211 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,916,392 |
| Regular shares | 15,782,914 |
| All Other Shares & Deposits | 15,741,492 |
| TOTAL SHARES & DEPOSITS | 38,440,798 |
| TOTAL LIABILITIES | 38,623,009 |
| Regular Reserve | 0 |
| Other Reserves | 1,172,493 |
| Undivided Earnings | 4,964,919 |
| TOTAL EQUITY | 6,137,412 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 44,760,421 |
| INCOME & EXPENSE | |
| Loan Income | 219,031 |
| Investment Income | 15,894 |
| Other Income | 25,519 |
| Total Employee Compensation & Benefits | 143,684 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 114,752 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,000 |
| Cost of Funds | 28,839 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 16,514 |
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