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THE WAY CREDIT UNION

Sep, 30, 2022 — 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

Call Report

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Financial Summary

» See also Statement of Financial Condition
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
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