Jun, 30, 2024 — ARK VALLEY CREDIT UNION is a federally insured state chartered credit union headquartered in ARKANSAS CITY, KS with 2 branch locations and about $50.97 million in total assets. Opened 69 years ago in 1955, ARK VALLEY CREDIT UNION has about 8,624 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ARK VALLEY CREDIT UNION |
---|---|
Address: (Main Office) | 1515 N Summit St ARKANSAS CITY, KS 67005 |
Phone: | (620) 442-8210 |
Fax: | (620) 442-2459 |
Website: | https://arkvalleycu.org |
Branches: | 2 branch locations |
Members: | 8,624 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62894 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Aug 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $50,966,964 |
CEO/Manager: | Kim Anneler |
Chairperson: | james m Reichle |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 9,862,600 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 6,292,970 |
Unsecured Loans | 1,595,087 |
Other Loans | 19,392,266 |
TOTAL LOANS | 27,280,323 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -148,745 |
Land And Building | 2,276,991 |
Other Fixed Assets | 193,696 |
NCUSIF Deposit | 427,805 |
All Other Assets | 0 |
TOTAL ASSETS | 50,966,964 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 6,709 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 393,598 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 7,269,133 |
Regular shares | 27,577,851 |
All Other Shares & Deposits | 10,606,621 |
TOTAL SHARES & DEPOSITS | 45,453,605 |
TOTAL LIABILITIES | 45,853,912 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 5,113,052 |
TOTAL EQUITY | 5,113,052 |
TOTAL LIABILITIES, SHARES, & EQUITY | 50,966,964 |
INCOME & EXPENSE | |
Loan Income | 954,392 |
Investment Income | 68,621 |
Other Income | 665,808 |
Total Employee Compensation & Benefits | 628,172 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 870,733 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 88,981 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 100,935 |
↑ Back to Top |