Sep, 30, 2025 — FARMWAY CREDIT UNION is a federally insured state chartered credit union headquartered in BELOIT, KS with 4 branch locations and about $99.88 million in total assets. Opened 76 years ago in 1950, FARMWAY CREDIT UNION has about 7,429 members and employs 33 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FARMWAY CREDIT UNION |
|---|---|
| Address: (Main Office) | 200 S Hersey Ave BELOIT, KS 67420 |
| Phone: | (785) 738-2224 |
| Fax: | (785) 738-4313 |
| Website: | https://www.farmwaycu.com |
| Branches: | 4 branch locations |
| Members: | 7,429 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63374 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $99,875,801 |
| CEO/Manager: | Joseph A Deneke |
| Chairperson: | Pamela B Krier |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,505,878 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 32,437,664 |
| Unsecured Loans | 981,152 |
| Other Loans | 30,936,713 |
| TOTAL LOANS | 64,355,529 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -755,187 |
| Land And Building | 566,209 |
| Other Fixed Assets | 207,761 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 761,739 |
| All Other Assets | 0 |
| TOTAL ASSETS | 99,875,801 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 158,325 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 561,049 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,936,434 |
| Regular shares | 35,894,381 |
| All Other Shares & Deposits | 24,441,579 |
| TOTAL SHARES & DEPOSITS | 76,272,394 |
| TOTAL LIABILITIES | 76,991,768 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 22,884,033 |
| TOTAL EQUITY | 22,884,033 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 99,875,801 |
| INCOME & EXPENSE | |
| Loan Income | 3,238,519 |
| Investment Income | 677,250 |
| Other Income | 444,599 |
| Total Employee Compensation & Benefits | 2,064,351 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,045,945 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 159,310 |
| Cost of Funds | 671,554 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 441,776 |
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