Dec, 31, 2023 — OTERO COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in LA JUNTA, CO with 1 branch location and about $4.31 million in total assets. Opened 87 years ago in 1937, OTERO COUNTY TEACHERS FEDERAL CREDIT UNION has about 854 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | OTERO COUNTY TEACHERS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 316 Santa Fe Ave LA JUNTA, CO 81050 |
Phone: | (719) 384-7488 |
Fax: | (719) 384-7360 |
Website: | https://oterocountyteachersfcu.com |
Branches: | 1 branch locations |
Members: | 854 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1956 |
---|---|
Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1937 |
Last Audited: | Jun 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,306,169 |
CEO/Manager: | A. Diane Payne |
Chairperson: | Steven Duff |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,730,352 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 110,600 |
Other Loans | 906,744 |
TOTAL LOANS | 1,017,344 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,108 |
Land And Building | 17,083 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 44,558 |
All Other Assets | 0 |
TOTAL ASSETS | 4,306,169 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,043 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 15,648 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,964,010 |
All Other Shares & Deposits | 1,036,549 |
TOTAL SHARES & DEPOSITS | 4,000,559 |
TOTAL LIABILITIES | 4,017,250 |
Regular Reserve | 0 |
Other Reserves | 88,230 |
Undivided Earnings | 200,689 |
TOTAL EQUITY | 288,919 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,306,169 |
INCOME & EXPENSE | |
Loan Income | 72,554 |
Investment Income | 107,645 |
Other Income | 4,530 |
Total Employee Compensation & Benefits | 59,873 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 109,913 |
Non-operating Income & (Expense) | -89 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 23,090 |
Cost of Funds | 13,537 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -18,639 |
↑ Back to Top |