Dec, 31, 2023 — NORTHWESTERN FEDERAL CREDIT UNION is a federal credit union headquartered in BRYAN, OH with 1 branch location and about $14.81 million in total assets. Opened 74 years ago in 1950, NORTHWESTERN FEDERAL CREDIT UNION has about 1,731 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NORTHWESTERN FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 234 N Main St BRYAN, OH 43506-1318 |
Phone: | (419) 636-2123 |
Fax: | (419) 636-5965 |
Website: | https://northwesternfcu.com |
Branches: | 1 branch locations |
Members: | 1,731 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6949 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Oct 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $14,814,536 |
CEO/Manager: | Mackenzie A Pardee |
Chairperson: | Dean Brown |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 164,689 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 27,686 |
Unsecured Loans | 329,868 |
Other Loans | 4,882,134 |
TOTAL LOANS | 5,239,688 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -41,471 |
Land And Building | 475,881 |
Other Fixed Assets | 12,895 |
NCUSIF Deposit | 123,100 |
All Other Assets | 0 |
TOTAL ASSETS | 14,814,536 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 26,627 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,986,283 |
Regular shares | 7,564,403 |
All Other Shares & Deposits | 3,978,952 |
TOTAL SHARES & DEPOSITS | 13,529,639 |
TOTAL LIABILITIES | 13,556,266 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,258,270 |
TOTAL EQUITY | 1,258,270 |
TOTAL LIABILITIES, SHARES, & EQUITY | 14,814,536 |
INCOME & EXPENSE | |
Loan Income | 214,529 |
Investment Income | 159,217 |
Other Income | 59,359 |
Total Employee Compensation & Benefits | 153,217 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 195,007 |
Non-operating Income & (Expense) | 2 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,528 |
Cost of Funds | 101,619 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -11,312 |
↑ Back to Top |