Dec, 31, 2023 — CHAVES COUNTY SCHOOL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in ROSWELL, NM with 1 branch location and about $35.97 million in total assets. Opened 72 years ago in 1952, CHAVES COUNTY SCHOOL EMPLOYEES CREDIT UNION has about 2,436 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CHAVES COUNTY SCHOOL EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 1401 N Lea Ave ROSWELL, NM 88201 |
Phone: | (575) 623-5444 |
Fax: | (575) 624-1486 |
Website: | https://www.ccsecunm.org |
Branches: | 1 branch locations |
Members: | 2,436 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66143 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $35,969,042 |
CEO/Manager: | Laura Johnson |
Chairperson: | Dan Jennings |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,405,797 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 523,271 |
Other Loans | 10,667,016 |
TOTAL LOANS | 11,190,287 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -53,533 |
Land And Building | 32,341 |
Other Fixed Assets | 5,644 |
NCUSIF Deposit | 289,122 |
All Other Assets | 0 |
TOTAL ASSETS | 35,969,042 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 178,396 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 4,670,747 |
Regular shares | 24,736,721 |
All Other Shares & Deposits | 76,072 |
TOTAL SHARES & DEPOSITS | 29,483,540 |
TOTAL LIABILITIES | 29,661,936 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 6,307,106 |
TOTAL EQUITY | 6,307,106 |
TOTAL LIABILITIES, SHARES, & EQUITY | 35,969,042 |
INCOME & EXPENSE | |
Loan Income | 499,341 |
Investment Income | 551,842 |
Other Income | 89,335 |
Total Employee Compensation & Benefits | 264,863 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 414,622 |
Non-operating Income & (Expense) | -7 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,072 |
Cost of Funds | 64,752 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 516,951 |
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