Dec, 31, 2023 — FORT BAYARD FEDERAL CREDIT UNION is a federal credit union headquartered in SILVER CITY, NM with 1 branch location and about $5.29 million in total assets. Opened 88 years ago in 1936, FORT BAYARD FEDERAL CREDIT UNION has about 1,100 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: | FORT BAYARD FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 11797 HIGHWAY 180 E SILVER CITY, NM 88022 |
| Phone: | (575) 534-8888 |
| Fax: | (575) 534-8882 |
| Website: | https://fortbayardfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,100 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1838 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,292,414 |
| CEO/Manager: | Yvonne Hernandez |
| Chairperson: | GENE HOOD |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,173,382 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 112,439 |
| Other Loans | 2,107,929 |
| TOTAL LOANS | 2,220,369 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -62,802 |
| Land And Building | 147,942 |
| Other Fixed Assets | 289,032 |
| NCUSIF Deposit | 42,731 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,292,414 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,582 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 43,673 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 256,415 |
| Regular shares | 4,376,512 |
| All Other Shares & Deposits | 139,062 |
| TOTAL SHARES & DEPOSITS | 4,771,991 |
| TOTAL LIABILITIES | 4,819,246 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 473,168 |
| TOTAL EQUITY | 473,168 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,292,414 |
| INCOME & EXPENSE | |
| Loan Income | 161,251 |
| Investment Income | 51,829 |
| Other Income | 64,925 |
| Total Employee Compensation & Benefits | 188,580 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 176,182 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 9,241 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -95,998 |
| ↑ Back to Top | |