Dec, 31, 2023 — RINCONES PRESBYTERIAN CREDIT UNION is a federally insured state chartered credit union headquartered in CHACON, NM with 1 branch location and about $5.26 million in total assets. Opened 64 years ago in 1960, RINCONES PRESBYTERIAN CREDIT UNION has about 804 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: | RINCONES PRESBYTERIAN CREDIT UNION |
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Address: (Main Office) | 11 Kingfisher Road CHACON, NM 87713 |
Phone: | (575) 387-6339 |
Fax: | (575) 387-6854 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 804 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 61946 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,260,258 |
CEO/Manager: | Joanne Padilla-Salas |
Chairperson: | Arthur Romero |
ASSETS: | $ Amount |
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Cash & Equivalents | 832,172 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 45,323 |
Other Loans | 4,017,082 |
TOTAL LOANS | 4,080,555 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -73,646 |
Land And Building | 67,166 |
Other Fixed Assets | 13,206 |
NCUSIF Deposit | 43,528 |
All Other Assets | 0 |
TOTAL ASSETS | 5,260,258 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 7,001 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 22,892 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,659,642 |
All Other Shares & Deposits | 2,988,679 |
TOTAL SHARES & DEPOSITS | 4,648,323 |
TOTAL LIABILITIES | 4,678,216 |
Regular Reserve | 0 |
Other Reserves | 19,301 |
Undivided Earnings | 562,741 |
TOTAL EQUITY | 582,042 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,260,258 |
INCOME & EXPENSE | |
Loan Income | 244,049 |
Investment Income | 5,887 |
Other Income | 49,011 |
Total Employee Compensation & Benefits | 98,234 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 136,030 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,800 |
Cost of Funds | 39,456 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 24,000 |
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