Dec, 31, 2023 — WUFFACE FEDERAL CREDIT UNION is a federal credit union headquartered in RICHMOND, IN with 1 branch location and about $6.65 million in total assets. Opened 62 years ago in 1962, WUFFACE FEDERAL CREDIT UNION has about 747 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | WUFFACE FEDERAL CREDIT UNION |
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Address: (Main Office) | 400 N A St RICHMOND, IN 47374-4244 |
Phone: | (765) 935-2490 |
Fax: | (765) 935-5433 |
Website: | https://wufface.com |
Branches: | 1 branch locations |
Members: | 747 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 15028 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1962 |
Last Audited: | Jul 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,653,882 |
CEO/Manager: | Jayma Bright |
Chairperson: | Daren Wilburn |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,469,828 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 527,580 |
Other Loans | 1,825,493 |
TOTAL LOANS | 2,353,074 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,678 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 63,673 |
All Other Assets | 0 |
TOTAL ASSETS | 6,653,882 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,119 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,513,485 |
Regular shares | 4,547,394 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 6,060,879 |
TOTAL LIABILITIES | 6,062,998 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 590,884 |
TOTAL EQUITY | 590,884 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,653,882 |
INCOME & EXPENSE | |
Loan Income | 100,200 |
Investment Income | 148,591 |
Other Income | 77,236 |
Total Employee Compensation & Benefits | 70,674 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 219,857 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,988 |
Cost of Funds | 7,601 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 11,907 |
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