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MOWER COUNTY CATHOLIC PARISHES CREDIT UNION

Jun, 30, 2023 — MOWER COUNTY CATHOLIC PARISHES CREDIT UNION is a federally insured state chartered credit union headquartered in AUSTIN, MN with 1 branch location and about $7.13 million in total assets. Opened 89 years ago in 1935, MOWER COUNTY CATHOLIC PARISHES CREDIT UNION has about 928 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MOWER COUNTY CATHOLIC PARISHES CREDIT UNION
Address:
(Main Office)
307 1/2 5th St NW
AUSTIN, MN 55912
Phone:(507) 433-4608
Fax:(507) 433-3143
Website:n/a
Branches:1 branch locations
Members:928
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63258
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1935
Last Audited:Jul 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$7,129,495
CEO/Manager:Jessica L Johnson
Chairperson:Stephen J Holtorf

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 543,582
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 627,640
 Other Loans 3,788,758
 TOTAL LOANS 4,416,398
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -29,617
 Land And Building 10,000
 Other Fixed Assets 20,398
 NCUSIF Deposit 59,588
 All Other Assets 0
  TOTAL ASSETS 7,129,495
LIABILITIES & CAPITAL:  
 Dividends Payable 1,633
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,520
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,795,041
 All Other Shares & Deposits 1,254,746
  TOTAL SHARES & DEPOSITS 6,049,787
  TOTAL LIABILITIES 6,054,940
 Regular Reserve 0
 Other Reserves 92,783
 Undivided Earnings 981,772
  TOTAL EQUITY 1,074,555
  TOTAL LIABILITIES, SHARES, & EQUITY 7,129,495
INCOME & EXPENSE  
 Loan Income 157,055
 Investment Income 13,615
 Other Income 5,558
 Total Employee Compensation & Benefits 63,178
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 60,602
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 8,317
 Cost of Funds 13,027
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 40,791
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