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JACKSON COUNTY CO-OP CREDIT UNION

Jun, 30, 2021 — JACKSON COUNTY CO-OP CREDIT UNION is a non-federally insured state credit union headquartered in SEYMOUR, IN with 1 branch location and about $29.73 million in total assets. Opened 66 years ago in 1955, JACKSON COUNTY CO-OP CREDIT UNION has about 1,113 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:JACKSON COUNTY CO-OP CREDIT UNION
Address:
(Main Office)
705 WEST SECOND STREET
SEYMOUR, IN 47274
Phone:(812) 523-1630
Fax:(812) 524-0328
Website:http://www.myjcccu.com
Branches:1 branch locations
Members:1,113
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:97063
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1955
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$29,726,036
CEO/Manager:KRISTINA MCINTOSH
Chairperson:MICHAEL MELLENCAMP

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,971,597
TOTAL INVESTMENTS 31,928
Loans Held for Sale 0
 
 Real Estate Loans 10,359,777
 Unsecured Loans 7,746
 Other Loans 8,758,171
 TOTAL LOANS 19,125,694
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -175,601
 Land And Building 381,406
 Other Fixed Assets 50,236
 NCUSIF Deposit 0
 All Other Assets 340,776
  TOTAL ASSETS 29,726,036
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,273,015
 Regular shares 10,352,998
 All Other Shares & Deposits 9,904,051
  TOTAL SHARES & DEPOSITS 25,530,064
  TOTAL LIABILITIES 25,530,064
 Regular Reserve 1,562,666
 Other Reserves 0
 Undivided Earnings 2,633,306
  TOTAL EQUITY 4,195,972
  TOTAL LIABILITIES, SHARES, & EQUITY 29,726,036
INCOME & EXPENSE  
 Loan Income 513,048
 Investment Income 3,169
 Other Income 104,885
 Total Employee Compensation & Benefits 231,233
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 180,147
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -19,073
 Cost of Funds 58,308
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 186,995
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