Dec, 31, 2023 — KANSAS TEACHERS COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in PITTSBURG, KS with 4 branch locations and about $122.98 million in total assets. Opened 75 years ago in 1949, KANSAS TEACHERS COMMUNITY CREDIT UNION has about 12,911 members and employs 39 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | KANSAS TEACHERS COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 416 N Broadway St PITTSBURG, KS 66762-3919 |
| Phone: | (620) 231-5719 |
| Fax: | (620) 232-6613 |
| Website: | https://www.kstcu.org |
| Branches: | 4 branch locations |
| Members: | 12,911 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67995 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $122,978,978 |
| CEO/Manager: | Elesa Parsons |
| Chairperson: | Jason C Grotheer |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 12,960,753 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,767,107 |
| Unsecured Loans | 652,241 |
| Other Loans | 59,022,690 |
| TOTAL LOANS | 79,520,655 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -210,236 |
| Land And Building | 2,264,247 |
| Other Fixed Assets | 767,520 |
| NCUSIF Deposit | 1,100,901 |
| All Other Assets | 88,655 |
| TOTAL ASSETS | 122,978,978 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 19,275 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,645,611 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 26,179,079 |
| Regular shares | 61,241,215 |
| All Other Shares & Deposits | 19,683,066 |
| TOTAL SHARES & DEPOSITS | 107,103,360 |
| TOTAL LIABILITIES | 108,768,246 |
| Regular Reserve | 0 |
| Other Reserves | -1,937,856 |
| Undivided Earnings | 16,148,588 |
| TOTAL EQUITY | 14,210,732 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 122,978,978 |
| INCOME & EXPENSE | |
| Loan Income | 4,061,496 |
| Investment Income | 519,050 |
| Other Income | 589,245 |
| Total Employee Compensation & Benefits | 1,763,029 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,499,276 |
| Non-operating Income & (Expense) | 112,487 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 281,343 |
| Cost of Funds | 403,501 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 844,979 |
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