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QUANTUM CREDIT UNION

Mar, 31, 2022 — QUANTUM CREDIT UNION is a federally insured state chartered credit union headquartered in WICHITA, KS with 5 branch locations and about $134.57 million in total assets. Opened 84 years ago in 1938, QUANTUM CREDIT UNION has about 10,981 members and employs 37 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:QUANTUM CREDIT UNION
Address:
(Main Office)
6300 W 21st St N
WICHITA, KS 67205
Phone:(316) 263-5756
Fax:(316) 263-5757
Website:http://www.theq.org
Branches:5 branch locations
Members:10,981
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67187
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1938
Last Audited:Sep 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$134,569,798
CEO/Manager:Charles Bullock
Chairperson:Zach Strack

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,094,765
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 22,913,104
 Unsecured Loans 5,767,865
 Other Loans 53,130,378
 TOTAL LOANS 81,811,347
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -855,652
 Land And Building 1,645,931
 Other Fixed Assets 294,263
 NCUSIF Deposit 1,125,555
 All Other Assets 0
  TOTAL ASSETS 134,569,798
LIABILITIES & CAPITAL:  
 Dividends Payable 38,913
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,638,943
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 23,335,221
 Regular shares 54,094,985
 All Other Shares & Deposits 41,631,328
  TOTAL SHARES & DEPOSITS 119,061,534
  TOTAL LIABILITIES 121,739,390
 Regular Reserve 0
 Other Reserves 3,631,442
 Undivided Earnings 9,198,966
  TOTAL EQUITY 12,830,408
  TOTAL LIABILITIES, SHARES, & EQUITY 134,569,798
INCOME & EXPENSE  
 Loan Income 992,765
 Investment Income 73,060
 Other Income 314,103
 Total Employee Compensation & Benefits 591,460
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 706,195
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 67,692
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 69,849
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