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.
Name: | KH NETWORK CREDIT UNION |
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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 |
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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 |
ASSETS: | $ Amount |
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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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