Jun, 30, 2024 — KH NETWORK CREDIT UNION is a federally insured state chartered credit union headquartered in DAYTON, OH with 1 branch location and about $74.48 million in total assets. Opened 60 years ago in 1964, KH NETWORK CREDIT UNION has about 8,304 members and employs 14 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 |
|---|---|
| Address: (Main Office) | 7740 Paragon Rd DAYTON, OH 45459 |
| Phone: | (937) 558-9070 |
| Fax: | (937) 558-9066 |
| Website: | https://www.khnetworkcu.com |
| Branches: | 1 branch locations |
| Members: | 8,304 |
| 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, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $74,483,938 |
| CEO/Manager: | Bradley C Mader |
| Chairperson: | Krysti Jordan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,633,944 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 21,872,237 |
| Unsecured Loans | 5,577,956 |
| Other Loans | 22,814,786 |
| TOTAL LOANS | 50,264,979 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -449,232 |
| Land And Building | 740,454 |
| Other Fixed Assets | 360,845 |
| NCUSIF Deposit | 603,831 |
| All Other Assets | 0 |
| TOTAL ASSETS | 74,483,938 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 461,656 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,924,238 |
| Regular shares | 27,254,913 |
| All Other Shares & Deposits | 25,548,268 |
| TOTAL SHARES & DEPOSITS | 66,727,419 |
| TOTAL LIABILITIES | 67,189,075 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 7,294,863 |
| TOTAL EQUITY | 7,294,863 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 74,483,938 |
| INCOME & EXPENSE | |
| Loan Income | 1,645,011 |
| Investment Income | 145,063 |
| Other Income | 348,153 |
| Total Employee Compensation & Benefits | 855,046 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 918,446 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 83,955 |
| Cost of Funds | 195,262 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 269,806 |
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