NEW HORIZONS CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.newhorizonscu.com for more information.
Dec, 31, 2023 — NEW HORIZONS CREDIT UNION is a federally insured state chartered credit union headquartered in CINCINNATI, OH with 5 branch locations and about $41.87 million in total assets. Opened 90 years ago in 1934, NEW HORIZONS CREDIT UNION has about 4,453 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NEW HORIZONS CREDIT UNION |
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Address: (Main Office) | 637 VINE STREET CINCINNATI, OH 45202 |
Phone: | (513) 562-6600 |
Fax: | (513) 562-6629 |
Website: | https://www.newhorizonscu.com |
Branches: | 5 branch locations |
Members: | 4,453 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 63307 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Dec 01, 2020 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $41,868,319 |
CEO/Manager: | Terri L Van Antwerp |
Chairperson: | Polina Ruuge |
ASSETS: | $ Amount |
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Cash & Equivalents | 8,795,825 |
TOTAL INVESTMENTS | 6,754,053 |
Loans Held for Sale | 0 |
Real Estate Loans | 13,667,247 |
Unsecured Loans | 3,354,259 |
Other Loans | 5,961,062 |
TOTAL LOANS | 25,902,072 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -363,362 |
Land And Building | 0 |
Other Fixed Assets | 91,338 |
NCUSIF Deposit | 383,331 |
All Other Assets | 305,062 |
TOTAL ASSETS | 41,868,319 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 118,918 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 7,324,059 |
Regular shares | 11,876,285 |
All Other Shares & Deposits | 20,112,034 |
TOTAL SHARES & DEPOSITS | 39,312,378 |
TOTAL LIABILITIES | 39,431,296 |
Regular Reserve | 1,745,774 |
Other Reserves | 2,257 |
Undivided Earnings | 688,992 |
TOTAL EQUITY | 2,437,023 |
TOTAL LIABILITIES, SHARES, & EQUITY | 41,868,319 |
INCOME & EXPENSE | |
Loan Income | 990,856 |
Investment Income | 15,881 |
Other Income | 266,970 |
Total Employee Compensation & Benefits | 481,990 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 704,012 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 172,846 |
Cost of Funds | 284,473 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -242,271 |
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