Jun, 30, 2024 — SALINA MUNICIPAL CREDIT UNION is a federally insured state chartered credit union headquartered in SALINA, KS with 1 branch location and about $1.75 million in total assets. Opened 78 years ago in 1947, SALINA MUNICIPAL CREDIT UNION has about 434 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SALINA MUNICIPAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1939B S Ohio Ct SALINA, KS 67401-6602 |
| Phone: | (785) 825-1053 |
| Fax: | (785) 825-1065 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 434 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67800 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Apr 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,749,828 |
| CEO/Manager: | Kati Miller |
| Chairperson: | Robert Holston |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 966,927 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 87,297 |
| Other Loans | 670,675 |
| TOTAL LOANS | 757,972 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,256 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 16,407 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,749,828 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 737 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,077 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,553,892 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,553,892 |
| TOTAL LIABILITIES | 1,556,706 |
| Regular Reserve | 0 |
| Other Reserves | 64,740 |
| Undivided Earnings | 128,382 |
| TOTAL EQUITY | 193,122 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,749,828 |
| INCOME & EXPENSE | |
| Loan Income | 38,825 |
| Investment Income | 2,369 |
| Other Income | 1,943 |
| Total Employee Compensation & Benefits | 31,288 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 26,347 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 2,188 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -16,343 |
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