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KH NETWORK CREDIT UNION

Dec, 31, 2023 — KH NETWORK CREDIT UNION is a federally insured state chartered credit union headquartered in DAYTON, OH with 1 branch location and about $71.24 million in total assets. Opened 60 years ago in 1964, KH NETWORK CREDIT UNION has about 8,268 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 242278616
Name:KH NETWORK CREDIT UNION
Address:
(Main Office)
7740 Paragon Rd
DAYTON, OH 45459
Phone:(937) 558-9070
Fax:(937) 558-9066
Website:https://www.khcreditunion.com
Branches:1 branch locations
Members:8,268
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68542
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1964
Last Audited:Dec 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$71,238,625
CEO/Manager:Bradley C Mader
Chairperson:Krysti Jordan

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,795,150
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 21,410,374
 Unsecured Loans 5,213,384
 Other Loans 23,054,281
 TOTAL LOANS 49,678,039
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -318,180
 Land And Building 701,166
 Other Fixed Assets 247,337
 NCUSIF Deposit 605,198
 All Other Assets 0
  TOTAL ASSETS 71,238,625
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 695,379
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 13,024,184
 Regular shares 20,644,782
 All Other Shares & Deposits 28,934,394
  TOTAL SHARES & DEPOSITS 62,603,362
  TOTAL LIABILITIES 63,298,741
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 7,939,884
  TOTAL EQUITY 7,939,884
  TOTAL LIABILITIES, SHARES, & EQUITY 71,238,625
INCOME & EXPENSE  
 Loan Income 2,448,580
 Investment Income 553,715
 Other Income 690,525
 Total Employee Compensation & Benefits 1,184,198
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,347,361
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 17,925
 Cost of Funds 680,341
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 514,967
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