Dec, 31, 2023 — CAPITOL VIEW CREDIT UNION is a federally insured state chartered credit union headquartered in DES MOINES, IA with 1 branch location and about $43.56 million in total assets. Opened 80 years ago in 1944, CAPITOL VIEW CREDIT UNION has about 1,841 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CAPITOL VIEW CREDIT UNION |
---|---|
Address: (Main Office) | 623 E 12th St DES MOINES, IA 50309 |
Phone: | (515) 348-8350 |
Fax: | (515) 348-8351 |
Website: | https://www.capview.com |
Branches: | 1 branch locations |
Members: | 1,841 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62878 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1944 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $43,564,878 |
CEO/Manager: | Benjamin D Sheridan |
Chairperson: | Randal T Anderson |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 12,900,434 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 12,998,307 |
Unsecured Loans | 1,847,855 |
Other Loans | 9,539,063 |
TOTAL LOANS | 24,385,225 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -181,301 |
Land And Building | 1,001,752 |
Other Fixed Assets | 38,953 |
NCUSIF Deposit | 357,951 |
All Other Assets | 0 |
TOTAL ASSETS | 43,564,878 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 266,952 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,718,526 |
Regular shares | 13,454,071 |
All Other Shares & Deposits | 15,904,712 |
TOTAL SHARES & DEPOSITS | 36,077,309 |
TOTAL LIABILITIES | 36,344,261 |
Regular Reserve | 0 |
Other Reserves | 1,245,774 |
Undivided Earnings | 5,974,843 |
TOTAL EQUITY | 7,220,617 |
TOTAL LIABILITIES, SHARES, & EQUITY | 43,564,878 |
INCOME & EXPENSE | |
Loan Income | 1,250,135 |
Investment Income | 855,100 |
Other Income | 108,231 |
Total Employee Compensation & Benefits | 605,791 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 769,253 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,553 |
Cost of Funds | 427,627 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 667,809 |
↑ Back to Top |