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National Credit Union Service Organization

CITY AND COUNTY EMPLOYEES CREDIT UNION

Dec, 31, 2023 — CITY AND COUNTY EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in FARGO, ND with 1 branch location and about $16.90 million in total assets. Opened 66 years ago in 1958, CITY AND COUNTY EMPLOYEES CREDIT UNION has about 1,511 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CITY AND COUNTY EMPLOYEES CREDIT UNION
Address:
(Main Office)
PO BOX 2772
FARGO, ND 58108-2772
Phone:(701) 237-4493
Fax:(701) 298-9880
Website:https://citycountyecu.org
Branches:1 branch locations
Members:1,511
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61390
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1958
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$16,903,853
CEO/Manager:Dawn Rognlien
Chairperson:Diane Heier

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,544,083
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 475,770
 Unsecured Loans 662,796
 Other Loans 5,958,511
 TOTAL LOANS 7,097,077
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -137,499
 Land And Building 66,001
 Other Fixed Assets 18,453
 NCUSIF Deposit 151,822
 All Other Assets 0
  TOTAL ASSETS 16,903,853
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 31,471
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,250,225
 Regular shares 5,377,296
 All Other Shares & Deposits 6,670,519
  TOTAL SHARES & DEPOSITS 15,298,040
  TOTAL LIABILITIES 15,329,511
 Regular Reserve 0
 Other Reserves 274,644
 Undivided Earnings 1,299,698
  TOTAL EQUITY 1,574,342
  TOTAL LIABILITIES, SHARES, & EQUITY 16,903,853
INCOME & EXPENSE  
 Loan Income 219,562
 Investment Income 41,451
 Other Income 50,615
 Total Employee Compensation & Benefits 151,788
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 110,632
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 900
 Cost of Funds 2,763
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 50,613
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