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NORWESCO CREDIT UNION

Dec, 31, 2021 — NORWESCO CREDIT UNION is a federally insured state chartered credit union headquartered in SAINT FRANCIS, KS with 1 branch location and about $127,249 in total assets. Opened 50 years ago in 1972, NORWESCO CREDIT UNION has about 108 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NORWESCO CREDIT UNION
Address:
(Main Office)
123 S River St
SAINT FRANCIS, KS 67756
Phone:(785) 332-2113
Fax:(785) 332-2040
Website:n/a
Branches:1 branch locations
Members:108
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67988
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1972
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$127,249
CEO/Manager:Michael Barfield
Chairperson:

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 121,806
TOTAL INVESTMENTS 486
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 4,981
 Other Loans 1,887
 TOTAL LOANS 6,868
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,683
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 772
 All Other Assets 0
  TOTAL ASSETS 127,249
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 103,597
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 103,597
  TOTAL LIABILITIES 103,597
 Regular Reserve 4,336
 Other Reserves 0
 Undivided Earnings 19,316
  TOTAL EQUITY 23,652
  TOTAL LIABILITIES, SHARES, & EQUITY 127,249
INCOME & EXPENSE  
 Loan Income 913
 Investment Income 20
 Other Income 410
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,110
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -767
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