Sep, 30, 2022 — CECIL COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ELKTON, MD with 1 branch location and about $29.77 million in total assets. Opened 70 years ago in 1953, CECIL COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 3,080 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: | CECIL COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 203 Booth St ELKTON, MD 21921-5646 |
Phone: | (410) 398-6921 |
Fax: | (410) 398-0032 |
Website: | https://www.ccsefcu.org |
Branches: | 1 branch locations |
Members: | 3,080 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 8549 |
---|---|
Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Jan 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $29,770,955 |
CEO/Manager: | Kimberly L Wyre |
Chairperson: | James G Raab |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 3,157,099 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 178,673 |
Unsecured Loans | 3,067,055 |
Other Loans | 6,048,003 |
TOTAL LOANS | 9,293,731 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -225,656 |
Land And Building | 25,176 |
Other Fixed Assets | 10,400 |
NCUSIF Deposit | 293,383 |
All Other Assets | 0 |
TOTAL ASSETS | 29,770,955 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 135,077 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,532,489 |
Regular shares | 19,104,368 |
All Other Shares & Deposits | 1,597,843 |
TOTAL SHARES & DEPOSITS | 27,234,700 |
TOTAL LIABILITIES | 27,369,777 |
Regular Reserve | 0 |
Other Reserves | 266,131 |
Undivided Earnings | 2,135,047 |
TOTAL EQUITY | 2,401,178 |
TOTAL LIABILITIES, SHARES, & EQUITY | 29,770,955 |
INCOME & EXPENSE | |
Loan Income | 454,951 |
Investment Income | 143,466 |
Other Income | 57,870 |
Total Employee Compensation & Benefits | 249,019 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 445,617 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 4,905 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 115,070 |
↑ Back to Top |