Jun, 30, 2023 — THE WAY CREDIT UNION is a federally insured state chartered credit union headquartered in NEW KNOXVILLE, OH with 1 branch location and about $13.99 million in total assets. Opened 41 years ago in 1982, THE WAY CREDIT UNION has about 685 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | THE WAY CREDIT UNION |
|---|---|
| Address: (Main Office) | 19100 E Shelby Rd NEW KNOXVILLE, OH 45871-9531 |
| Phone: | (419) 753-1312 |
| Fax: | (419) 753-1306 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 685 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66066 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1982 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $13,993,994 |
| CEO/Manager: | Jean-Yves DeLisle |
| Chairperson: | Jerry Martinez |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,163,817 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 0 |
| Other Loans | 0 |
| TOTAL LOANS | 0 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | 0 |
| Land And Building | 0 |
| Other Fixed Assets | 9,123 |
| NCUSIF Deposit | 74,016 |
| All Other Assets | 0 |
| TOTAL ASSETS | 13,993,994 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 9,235 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,491,707 |
| Regular shares | 10,114,717 |
| All Other Shares & Deposits | 1,111,742 |
| TOTAL SHARES & DEPOSITS | 12,718,166 |
| TOTAL LIABILITIES | 12,727,401 |
| Regular Reserve | 0 |
| Other Reserves | 180,336 |
| Undivided Earnings | 1,086,257 |
| TOTAL EQUITY | 1,266,593 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 13,993,994 |
| INCOME & EXPENSE | |
| Loan Income | 0 |
| Investment Income | 132,729 |
| Other Income | 1,405 |
| Total Employee Compensation & Benefits | 97,934 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 74,072 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 10,887 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 32,425 |
| ↑ Back to Top | |