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KAH CREDIT UNION

Dec, 31, 2023 — KAH CREDIT UNION is a federally insured state chartered credit union headquartered in Keokuk, IA with 1 branch location and about $1.55 million in total assets. Opened 61 years ago in 1963, KAH CREDIT UNION has about 402 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KAH CREDIT UNION
Address:
(Main Office)
1600 Morgan St
Keokuk, IA 52632
Phone:(319) 524-8133
Fax:
Website:n/a
Branches:1 branch locations
Members:402
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:65391
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1963
Last Audited:Apr 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$1,551,509
CEO/Manager:Paula Vickers
Chairperson:LINDA ATTERBERG

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 356,590
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 205,990
 Other Loans 214,997
 TOTAL LOANS 420,987
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -18,368
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 11,425
 All Other Assets 0
  TOTAL ASSETS 1,551,509
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 375
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,043,594
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,043,594
  TOTAL LIABILITIES 1,043,969
 Regular Reserve 0
 Other Reserves 100,000
 Undivided Earnings 407,540
  TOTAL EQUITY 507,540
  TOTAL LIABILITIES, SHARES, & EQUITY 1,551,509
INCOME & EXPENSE  
 Loan Income 23,324
 Investment Income 4,575
 Other Income 481
 Total Employee Compensation & Benefits 14,190
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 18,616
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,634
 Cost of Funds 1,777
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -11,720
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