At Kalsee, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our financial strength with you, highlighting the solid foundation that allows us to serve you better. With a
net worth of $28,730,526, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our
net worth ratio of $1,046 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$28,360,112 in share certificates and
$41,361,228 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$6,020,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our commitment to your financial well-being is further reflected in our
$27,022,692 in undivided earnings. This enables us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With
$4,857 in used auto loans and
$205,580,076 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency shines through with a
net income of $1,080,823, which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having
82 full-time employees and
2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. The strength of our organization is reflected in our total membership of
50,670, showing a strong and growing member base that trusts us with their finances. Our net shares amount to
$519,915, which indicates the funds available for lending and investments. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Kalsee is your trusted partner. Visit us at 7225 S Westnedge Ave Portage Mi 49002 or call (269) 323-9600 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov , based on the latest results.