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SALINA MUNICIPAL CREDIT UNION

Dec, 31, 2023 — SALINA MUNICIPAL CREDIT UNION is a federally insured state chartered credit union headquartered in SALINA, KS with 1 branch location and about $1.57 million in total assets. Opened 77 years ago in 1947, SALINA MUNICIPAL CREDIT UNION has about 361 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:361
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:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$1,572,254
CEO/Manager:Kati Miller
Chairperson:Robert Holston

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 422,115
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 105,357
 Other Loans 821,104
 TOTAL LOANS 926,461
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,398
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 14,495
 All Other Assets 0
  TOTAL ASSETS 1,572,254
LIABILITIES & CAPITAL:  
 Dividends Payable 848
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,563
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,390,062
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,390,062
  TOTAL LIABILITIES 1,392,473
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 179,781
  TOTAL EQUITY 179,781
  TOTAL LIABILITIES, SHARES, & EQUITY 1,572,254
INCOME & EXPENSE  
 Loan Income 50,757
 Investment Income 18,538
 Other Income 7,614
 Total Employee Compensation & Benefits 49,291
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 30,383
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,100
 Cost of Funds 3,246
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -10,036
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