Sep, 30, 2025 — WHEAT STATE CREDIT UNION is a federally insured state chartered credit union headquartered in WICHITA, KS with 2 branch locations and about $22.54 million in total assets. Opened 63 years ago in 1963, WHEAT STATE CREDIT UNION has about 3,472 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WHEAT STATE CREDIT UNION |
|---|---|
| Address: (Main Office) | 1400 S Oliver Ave WICHITA, KS 67218-3226 |
| Phone: | (316) 687-4101 |
| Fax: | (316) 687-4170 |
| Website: | https://www.wheatstatecu.com |
| Branches: | 2 branch locations |
| Members: | 3,472 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63211 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $22,539,157 |
| CEO/Manager: | Doug K Cheatum |
| Chairperson: | Leland D Bittle |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,151,868 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,874,027 |
| Unsecured Loans | 2,723,513 |
| Other Loans | 15,826,433 |
| TOTAL LOANS | 20,423,973 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -360,584 |
| Land And Building | 298,031 |
| Other Fixed Assets | 58,969 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 199,371 |
| All Other Assets | 0 |
| TOTAL ASSETS | 22,539,157 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 484,120 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,110,847 |
| Regular shares | 8,164,999 |
| All Other Shares & Deposits | 8,793,000 |
| TOTAL SHARES & DEPOSITS | 20,068,845 |
| TOTAL LIABILITIES | 20,552,965 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,986,192 |
| TOTAL EQUITY | 1,986,192 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 22,539,157 |
| INCOME & EXPENSE | |
| Loan Income | 1,179,346 |
| Investment Income | 67,896 |
| Other Income | 365,740 |
| Total Employee Compensation & Benefits | 496,209 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 722,502 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 328,277 |
| Cost of Funds | 299,422 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -145,053 |
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