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KAN COLO CREDIT UNION

Mar, 31, 2022 — KAN COLO CREDIT UNION is a federally insured state chartered credit union headquartered in HOISINGTON, KS with 1 branch location and about $1.25 million in total assets. Opened 56 years ago in 1966, KAN COLO CREDIT UNION has about 118 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KAN COLO CREDIT UNION
Address:
(Main Office)
Kan Colo Credit Union
HOISINGTON, KS 67544
Phone:(620) 653-4415
Fax:
Website:n/a
Branches:1 branch locations
Members:118
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66036
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1966
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,248,521
CEO/Manager:Timothy McQuade
Chairperson:Chester S Freeman

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 221,321
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 3,058
 Other Loans 318,952
 TOTAL LOANS 322,010
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -20,060
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 7,196
 All Other Assets 0
  TOTAL ASSETS 1,248,521
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 514
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,102,019
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,102,019
  TOTAL LIABILITIES 1,102,533
 Regular Reserve 0
 Other Reserves 46,965
 Undivided Earnings 99,023
  TOTAL EQUITY 145,988
  TOTAL LIABILITIES, SHARES, & EQUITY 1,248,521
INCOME & EXPENSE  
 Loan Income 5,897
 Investment Income 1,794
 Other Income 129
 Total Employee Compensation & Benefits 2,393
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,783
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,061
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 588
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