Dec, 31, 2023 — KAN COLO CREDIT UNION is a federally insured state chartered credit union headquartered in HOISINGTON, KS with 1 branch location and about $1.32 million in total assets. Opened 58 years ago in 1966, KAN COLO CREDIT UNION has about 108 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | KAN COLO CREDIT UNION |
|---|---|
| Address: (Main Office) | Kan Colo Credit Union HOISINGTON, KS 67544 |
| Phone: | (620) 653-4415 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 108 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66036 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,321,097 |
| CEO/Manager: | Timothy McQuade |
| Chairperson: | Chester S Freeman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 407,555 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 110 |
| Other Loans | 311,790 |
| TOTAL LOANS | 311,900 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,060 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 9,964 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,321,097 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,021 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,155,248 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,155,248 |
| TOTAL LIABILITIES | 1,156,269 |
| Regular Reserve | 0 |
| Other Reserves | 46,965 |
| Undivided Earnings | 117,863 |
| TOTAL EQUITY | 164,828 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,321,097 |
| INCOME & EXPENSE | |
| Loan Income | 29,580 |
| Investment Income | 20,518 |
| Other Income | 215 |
| Total Employee Compensation & Benefits | 11,797 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 15,086 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 10,876 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 12,573 |
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