Dec, 31, 2023 — MID PLAINS CREDIT UNION is a federally insured state chartered credit union headquartered in GLASCO, KS with 1 branch location and about $1.23 million in total assets. Opened 60 years ago in 1964, MID PLAINS CREDIT UNION has about 256 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MID PLAINS CREDIT UNION |
|---|---|
| Address: (Main Office) | 830 Deer Rd GLASCO, KS 67445 |
| Phone: | (785) 568-2648 |
| Fax: | (785) 568-2648 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 256 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67812 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Apr 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,225,757 |
| CEO/Manager: | Irma K Ethridge |
| Chairperson: | Justin A Rice |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 210,455 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 59,109 |
| Other Loans | 918,144 |
| TOTAL LOANS | 977,253 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -30,124 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 13,453 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,225,757 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 8,261 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,374 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 225,032 |
| All Other Shares & Deposits | 783,446 |
| TOTAL SHARES & DEPOSITS | 1,008,478 |
| TOTAL LIABILITIES | 1,018,113 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 207,644 |
| TOTAL EQUITY | 207,644 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,225,757 |
| INCOME & EXPENSE | |
| Loan Income | 68,488 |
| Investment Income | 3,182 |
| Other Income | 111 |
| Total Employee Compensation & Benefits | 25,300 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 16,219 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 16,305 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 14,814 |
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