Dec, 31, 2023 — QUANTUM CREDIT UNION is a federally insured state chartered credit union headquartered in WICHITA, KS with 3 branch locations and about $151.82 million in total assets. Opened 86 years ago in 1938, QUANTUM CREDIT UNION has about 12,492 members and employs 37 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | QUANTUM CREDIT UNION |
|---|---|
| Address: (Main Office) | 6300 W 21st St N WICHITA, KS 67205 |
| Phone: | (316) 263-5756 |
| Fax: | (316) 263-5757 |
| Website: | https://www.theq.org |
| Branches: | 3 branch locations |
| Members: | 12,492 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67187 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $151,820,400 |
| CEO/Manager: | Charles Bullock |
| Chairperson: | Bryan Chapman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,779,754 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 26,579,031 |
| Unsecured Loans | 6,658,917 |
| Other Loans | 84,913,665 |
| TOTAL LOANS | 118,151,613 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -722,958 |
| Land And Building | 1,657,971 |
| Other Fixed Assets | 478,676 |
| NCUSIF Deposit | 1,124,970 |
| All Other Assets | 0 |
| TOTAL ASSETS | 151,820,400 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 276,319 |
| Notes & Interest Payable | 6,000,000 |
| Accounts Payable & Other Liabilities | 1,486,485 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 22,292,326 |
| Regular shares | 45,296,730 |
| All Other Shares & Deposits | 62,238,476 |
| TOTAL SHARES & DEPOSITS | 129,827,532 |
| TOTAL LIABILITIES | 137,594,259 |
| Regular Reserve | 0 |
| Other Reserves | 3,631,442 |
| Undivided Earnings | 10,594,699 |
| TOTAL EQUITY | 14,226,141 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 151,820,400 |
| INCOME & EXPENSE | |
| Loan Income | 6,277,560 |
| Investment Income | 514,319 |
| Other Income | 1,526,007 |
| Total Employee Compensation & Benefits | 2,569,622 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,286,269 |
| Non-operating Income & (Expense) | 105,541 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 217,730 |
| Cost of Funds | 1,837,000 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 713,840 |
| ↑ Back to Top | |