Dec, 31, 2021 — GARDEN CITY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in GARDEN CITY, KS with 1 branch location and about $15.19 million in total assets. Opened 70 years ago in 1952, GARDEN CITY TEACHERS FEDERAL CREDIT UNION has about 2,058 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | GARDEN CITY TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 1601 E kansas plz GARDEN CITY, KS 67846 |
Phone: | (620) 275-0131 |
Fax: | (620) 275-4738 |
Website: | http://gctcu.org |
Branches: | 1 branch locations |
Members: | 2,058 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7662 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $15,192,223 |
CEO/Manager: | cynthia L means |
Chairperson: | troy r unruh |
ASSETS: | $ Amount |
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Cash & Equivalents | 6,101,833 |
TOTAL INVESTMENTS | 303,365 |
Loans Held for Sale | 0 |
Real Estate Loans | 196,714 |
Unsecured Loans | 606,789 |
Other Loans | 6,981,577 |
TOTAL LOANS | 7,785,080 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -51,106 |
Land And Building | 844,262 |
Other Fixed Assets | 69,956 |
NCUSIF Deposit | 122,738 |
All Other Assets | 16,095 |
TOTAL ASSETS | 15,192,223 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,571 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 64,284 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,022,917 |
Regular shares | 8,413,614 |
All Other Shares & Deposits | 2,690,007 |
TOTAL SHARES & DEPOSITS | 14,126,538 |
TOTAL LIABILITIES | 14,193,393 |
Regular Reserve | 201,313 |
Other Reserves | 0 |
Undivided Earnings | 797,517 |
TOTAL EQUITY | 998,830 |
TOTAL LIABILITIES, SHARES, & EQUITY | 15,192,223 |
INCOME & EXPENSE | |
Loan Income | 461,099 |
Investment Income | 3,822 |
Other Income | 106,030 |
Total Employee Compensation & Benefits | 320,581 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 408,671 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -4,928 |
Cost of Funds | 20,589 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -9,976 |
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