Klann Employees Credit Union:

Klann Employees Credit Union was chartered in 1956 and its charter number is 66987. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Klann Employees Credit Union's address registered with the NCUA is 301 FOURTH STREET, WAYNESBORO , VA 22980. As of 10/26/06 Klann Employees CU reported $100,997 in assets. The credit union currenly has 37 members. It's Manager/CEO is Shirley A. Wheeler. The credit unions website is no web address provided. Klann Employees Credit Union is a member of the Virginia Credit Union League.

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Klann Employees Credit Union Financial Evaluation

As of December 31, 2004 Total Assets: $146,036.00 Total Loans: $44,284.00 Net Worth Ratio: 32.12 % Share Growth: 16.34 % Loan Growth: 17.59 Loans/Assets Ratio: 30.32 Loans/Assets Ratio: 69.56 Numbers of Members: 36 Number of Full-time Employees: 0.5
As of December 31, 2005 Total Assets: $160,479.00 Total Loans: $56,924.00 Net Worth Ratio: 30.46 % Share Growth: 12.58 % Loan Growth: 28.54 Loans/Assets Ratio: 35.47 Loans/Assets Ratio: 64.33 Numbers of Members: 41 Number of Full-time Employees: 0.5
As of December 31, 2006 Total Assets: $103,138.00 Total Loans: $58,309.00 Net Worth Ratio: 52.76 % Share Growth: -56.34 % Loan Growth: 2.43 Loans/Assets Ratio: 56.53 Loans/Assets Ratio: 43.05 Numbers of Members: 37 Number of Full-time Employees: 0.5

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Credit Union News:

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WSYR 9 Syracuse - Feb 8, 2008
High school students with a little extra cash in some area schools now have the option of opening checking and savings accounts inside their school.

Full Story: http://www.9wsyr.com/news/local/story.aspx?content_id=742c7a3c-f1df-4401-a21a-4f1aa9f37412&rss=112

Economy woes hit credit unions
BizJournals - Feb 17, 2008
Delinquency rates at some Boston-area credit unions are among the highest in the nation, as members increasingly struggle to make credit card and mortgage payments.

Full Story: http://www.bizjournals.com/boston/stories/2008/02/18/story3.html?ana=from_rss

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The Pantagraph - Feb 6, 2008
NORMAL â€? People are getting calls saying there is an issue with their credit union account, which police believe is a scam to get people to give their personal information for illegal financial gain, Normal police said Wednesday.

Full Story: http://www.pantagraph.com/articles/2008/02/07/news/doc47aa481d29908899616057.txt

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