Dec, 31, 2023 — QUAY SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in TUCUMCARI, NM with 1 branch location and about $7.84 million in total assets. Opened 63 years ago in 1961, QUAY SCHOOLS FEDERAL CREDIT UNION has about 1,130 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | QUAY SCHOOLS FEDERAL CREDIT UNION |
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Address: (Main Office) | 523 S 2nd St TUCUMCARI, NM 88401-2861 |
Phone: | (575) 461-3638 |
Fax: | (575) 461-3864 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 1,130 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14758 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1961 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,844,841 |
CEO/Manager: | Angie White |
Chairperson: | Stacy Kent |
ASSETS: | $ Amount |
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Cash & Equivalents | 995,225 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 433,818 |
Other Loans | 4,285,161 |
TOTAL LOANS | 4,718,979 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -57,392 |
Land And Building | 149,797 |
Other Fixed Assets | 52,549 |
NCUSIF Deposit | 62,442 |
All Other Assets | 0 |
TOTAL ASSETS | 7,844,841 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 30,884 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 44,734 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 3,665,783 |
All Other Shares & Deposits | 2,589,477 |
TOTAL SHARES & DEPOSITS | 6,255,260 |
TOTAL LIABILITIES | 6,330,878 |
Regular Reserve | 0 |
Other Reserves | 54,977 |
Undivided Earnings | 1,458,986 |
TOTAL EQUITY | 1,513,963 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,844,841 |
INCOME & EXPENSE | |
Loan Income | 306,577 |
Investment Income | 102,111 |
Other Income | 23,960 |
Total Employee Compensation & Benefits | 187,150 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 106,975 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -13,504 |
Cost of Funds | 92,637 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 71,220 |
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