Dec, 31, 2023 — FEDCO CREDIT UNION is a federally insured state chartered credit union headquartered in JEFFERSON CITY, MO with 1 branch location and about $6.19 million in total assets. Opened 64 years ago in 1960, FEDCO CREDIT UNION has about 401 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FEDCO CREDIT UNION |
|---|---|
| Address: (Main Office) | 701 S Country Club Dr JEFFERSON CITY, MO 65109-5814 |
| Phone: | (573) 893-1474 |
| Fax: | (573) 893-1615 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 401 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64397 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,186,689 |
| CEO/Manager: | Connie Hegerfeld |
| Chairperson: | Nicholas Roberts |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 693,032 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 82,777 |
| Other Loans | 1,473,888 |
| TOTAL LOANS | 1,556,665 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,290 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 63,149 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,186,689 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,461 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 5,152,108 |
| All Other Shares & Deposits | 351,250 |
| TOTAL SHARES & DEPOSITS | 5,503,358 |
| TOTAL LIABILITIES | 5,507,819 |
| Regular Reserve | 0 |
| Other Reserves | 356,568 |
| Undivided Earnings | 322,302 |
| TOTAL EQUITY | 678,870 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,186,689 |
| INCOME & EXPENSE | |
| Loan Income | 59,220 |
| Investment Income | 165,674 |
| Other Income | 40 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 17,647 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 143,672 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 63,615 |
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