Jun, 30, 2024 — GENESIS EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in ZANESVILLE, OH with 1 branch location and about $20.18 million in total assets. Opened 2025 years ago in 0, GENESIS EMPLOYEES CREDIT UNION has about 3,327 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | GENESIS EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 860 Bethesda Dr ZANESVILLE, OH 43701-1800 |
Phone: | (740) 454-4603 |
Fax: | (740) 455-4935 |
Website: | https://genesisecu.com |
Branches: | 1 branch locations |
Members: | 3,327 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68451 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 0 |
Last Audited: | Nov 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $20,181,895 |
CEO/Manager: | Michael R King |
Chairperson: | Shane Jenkins |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,845,884 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 983,383 |
Other Loans | 8,339,222 |
TOTAL LOANS | 9,322,605 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,406 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 169,237 |
All Other Assets | 0 |
TOTAL ASSETS | 20,181,895 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 58,882 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,482,112 |
Regular shares | 16,074,570 |
All Other Shares & Deposits | 525,409 |
TOTAL SHARES & DEPOSITS | 18,082,091 |
TOTAL LIABILITIES | 18,140,973 |
Regular Reserve | 0 |
Other Reserves | 182,334 |
Undivided Earnings | 1,858,588 |
TOTAL EQUITY | 2,040,922 |
TOTAL LIABILITIES, SHARES, & EQUITY | 20,181,895 |
INCOME & EXPENSE | |
Loan Income | 358,658 |
Investment Income | 34,729 |
Other Income | 99,801 |
Total Employee Compensation & Benefits | 232,238 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 202,730 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 27,250 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 63,856 |
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