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PARIS HI-WAY CREDIT UNION

Dec, 31, 2023 — PARIS HI-WAY CREDIT UNION is a federally insured state chartered credit union headquartered in PARIS, IL with 1 branch location and about $10.38 million in total assets. Opened 69 years ago in 1955, PARIS HI-WAY CREDIT UNION has about 911 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PARIS HI-WAY CREDIT UNION
Address:
(Main Office)
13473 IL Highway 133
PARIS, IL 61944
Phone:(217) 463-1772
Fax:(217) 463-2081
Website:n/a
Branches:1 branch locations
Members:911
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:64242
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1955
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$10,375,147
CEO/Manager:JILL J COOMBES
Chairperson:Kensil Garnett

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 900,673
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,350,589
 Other Loans 5,188,646
 TOTAL LOANS 6,539,235
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -102,936
 Land And Building 0
 Other Fixed Assets 1,161
 NCUSIF Deposit 97,226
 All Other Assets 0
  TOTAL ASSETS 10,375,147
LIABILITIES & CAPITAL:  
 Dividends Payable 22,533
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,691
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 6,526,542
 All Other Shares & Deposits 2,208,192
  TOTAL SHARES & DEPOSITS 8,734,734
  TOTAL LIABILITIES 8,771,958
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,603,189
  TOTAL EQUITY 1,603,189
  TOTAL LIABILITIES, SHARES, & EQUITY 10,375,147
INCOME & EXPENSE  
 Loan Income 245,209
 Investment Income 101,715
 Other Income 8,569
 Total Employee Compensation & Benefits 110,484
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 58,315
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 154,700
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 32,023
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