Jun, 30, 2024 — CITY CREDIT UNION is a federally insured state chartered credit union headquartered in INDEPENDENCE, MO with 1 branch location and about $58.81 million in total assets. Opened 65 years ago in 1960, CITY CREDIT UNION has about 4,232 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 2550 S State Route 291 INDEPENDENCE, MO 64057-1226 |
| Phone: | (816) 252-2415 |
| Fax: | (816) 461-0161 |
| Website: | https://www.city-cu.com |
| Branches: | 1 branch locations |
| Members: | 4,232 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67924 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $58,807,554 |
| CEO/Manager: | Lisa M Autry |
| Chairperson: | Larry Horne |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,451,843 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,527,312 |
| Unsecured Loans | 2,832,869 |
| Other Loans | 23,513,257 |
| TOTAL LOANS | 30,873,438 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -259,932 |
| Land And Building | 563,625 |
| Other Fixed Assets | 38,696 |
| NCUSIF Deposit | 477,244 |
| All Other Assets | 0 |
| TOTAL ASSETS | 58,807,554 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 506 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,112,662 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,013,005 |
| Regular shares | 26,105,462 |
| All Other Shares & Deposits | 15,012,254 |
| TOTAL SHARES & DEPOSITS | 52,130,721 |
| TOTAL LIABILITIES | 53,243,889 |
| Regular Reserve | 0 |
| Other Reserves | 667,892 |
| Undivided Earnings | 4,895,773 |
| TOTAL EQUITY | 5,563,665 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 58,807,554 |
| INCOME & EXPENSE | |
| Loan Income | 1,138,843 |
| Investment Income | 153,170 |
| Other Income | 166,624 |
| Total Employee Compensation & Benefits | 544,348 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 784,005 |
| Non-operating Income & (Expense) | 12,334 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 129,764 |
| Cost of Funds | 61,717 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 193,271 |
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