Celco Annual Report 2025

CELCO COMMUNITY CREDIT UNION Operating Statement for the Year 2023 AND 2024

2024

2023

Assets Total Loans

$75,278,295 (740,514) 74,537,781 2,032,796 19,503,790 28,026,000 5,365,434 1,042,892 5,440,012 1,159,786

$73,119,575 (733,575) 72,386,000 2,023,321 14,808,730 33,858,000 5,273,673 1,100,774 4,514,026 1,178,786

Less: Allowance for Loan Losses

Net

Cash

Vizo Financial Corp CU Held to Maturity Securities MASS Mutual Investment

NCUA Share Insurance Cap. Deposit

Prepaid Post Ret. Benefit

Land and Building (Net of depreciation)

131,602 98,526

181,433 115,303

Other Fixed Assets

Accrued Income on Investments

1,848,517

2,047,271

Other Assets

TOTAL ASSETS

$139,187,136 $137,487,317

LIABILITIES & EQUITY Total Liability

$2,449,402

$2,287,217

Regular Shares

91,215,785 16,334,393 3,550,298 111,100,476 6,831,012 3,356,997 17,136,433 (1,687,185)

91,153,509 16,745,458 3,883,359 111,782,326 6,831,012 3,356,997 15,728,080 (2,498,316)

Share Drafts

I.R.A. ‘s

Total Shares of Members

Regular Reserve

Reserve for Contingencies

Undivided Earnings

(Gain) / Loss

$ 139,187,136 $137,487,317

TOTAL LIABILITY & EQUITY

4