Central Credit Union


Please download the latest version of Adobe Flash Player here.

  • Personal Banking
  • Business Banking
  • Loans and Mortgages
  • Investment and Insurance
  • e-Central Service Center
  • About Us

About Us

Statement of Financial Condition

February 29, 2016

ASSETS LIABILITIES
Consumer Loans 64,464,892.63 Regular Share & Club Accounts 70,717,753.53
Indirect Loans

6,002,980.58

MAXI Funds 99,477,006.55
VISA       15,881,235.42 Share Draft Accounts 78,924,341.75
Mortgages 325,623,963.01 Certificates of Deposit 119,780,215.42
FNMA Loans Sold (Included in Mortgages) -176,167,717.98    
Home Equity Loans  99,319,185.42    
Member Business Loans 35,339,049.81 Total Shares $368,899,317.25
Loans in Process 1,674,862.29 Borrowed Funds      22,924,690.00
Total Loans $372,138,451.18 Total Funds $391,824,007.25
Allowance for Loan Losses   -1,141,324.47    
Total Loans after ALL:  $370,997,126.71    
Short Term Investments 2,089,706.98      
*Note/Bond Investments 5,340,710.47    
Investments 15,765,528.81 Other Liabilities 2,746,931.78
Other Investments 939,195.91 Accrued Expenses  163,589.90
Total Investments $24,135,142.17 Total Liabilities

$2,910,521.68

Cash & Due from Banks 19,471,978.18    
Land      4,105,115.81    
Buildings      6,889,702.26    
Furniture & Equipment      1,563,237.15    
Motor Vehicles     71,385.31    
Prepaid Expenses   373,613.36 Regular Reserve   4,981,779.87
Fixed Assets $13,003,053.89 Undivided Earnings  34,865,676.49
    Accum Other Comprehensive Income     -1,238,403.00
Accrued Income 1,137,080.73 Balance Sheet - Income   1,940,387.94
Deposit - NCUSIF 3,361,338.12 Total Equity $40,549,441.30
Real Estate by Foreclosure   100,679.89    
Other Assets 3,077,570.54    
TOTAL ASSETS $435,283,970.23 TOTAL LIABILITIES & EQUITY $435,283,970.23
* Market Value Investments $ 5,414,568.58 Equity Ratio 9.60%
Unused Courtesy Pay $16,355,306.00    
Unused Credit Lines $106,653,487.94    

WE CERTIFY, TO THE BEST OF OUR KNOWLEDGE AND BELIEF, THIS STATEMENT AND THE RELATED STATEMENTS ARE TRUE AND CORRECT AND PRESENT FAIRLY THE FINANCIAL POSITION AND THE RESULTS OF OPERATIONS FOR THE PERIODS COVERED.

Download PDF version of Statement of Condition

 

CentralNet Login

CentralNet Enrollment

For first-time login to CentralNet, use the password you selected when you opened your account.

If you do not have a password or have forgotten it, call 508-842-7400 or 800-527-1017.

Close

Live Chat by LivePerson

Secure Chat is available
Monday through Friday
8:00 a.m. to 4:30 p.m.

Copyright © 2015 Central One Federal Credit Union. All Rights Reserved.