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ATHENS AREA CREDIT UNION

Mar, 31, 2022 — ATHENS AREA CREDIT UNION is a federally insured state chartered credit union headquartered in ATHENS, WI with 1 branch location and about $52.62 million in total assets. Opened 63 years ago in 1959, ATHENS AREA CREDIT UNION has about 2,964 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 275976943
Name:ATHENS AREA CREDIT UNION
Address:
(Main Office)
112 ALFRED ST
ATHENS, WI 54411
Phone:(715) 257-9337
Fax:(715) 257-9910
Website:http://athensareacu.com
Branches:1 branch locations
Members:2,964
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67243
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1959
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$52,615,339
CEO/Manager:VALERIE MURRAY
Chairperson:CHARLES A KORNACK

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,901,620
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 6,714,899
 Unsecured Loans 178,202
 Other Loans 5,149,072
 TOTAL LOANS 12,042,173
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -40,951
 Land And Building 298,378
 Other Fixed Assets 10,468
 NCUSIF Deposit 364,155
 All Other Assets 0
  TOTAL ASSETS 52,615,339
LIABILITIES & CAPITAL:  
 Dividends Payable 6,419
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 311,687
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 14,702,623
 Regular shares 26,116,840
 All Other Shares & Deposits 6,841,098
  TOTAL SHARES & DEPOSITS 47,660,561
  TOTAL LIABILITIES 47,978,667
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 4,636,672
  TOTAL EQUITY 4,636,672
  TOTAL LIABILITIES, SHARES, & EQUITY 52,615,339
INCOME & EXPENSE  
 Loan Income 97,798
 Investment Income 63,511
 Other Income 39,257
 Total Employee Compensation & Benefits 86,495
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 95,702
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 23,238
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -2,223
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