Dec, 31, 2023 — U.S. EAGLE FEDERAL CREDIT UNION is a federal credit union headquartered in ALBUQUERQUE, NM with 10 branch locations and about $1.46 billion in total assets. Opened 89 years ago in 1935, U.S. EAGLE FEDERAL CREDIT UNION has about 93,284 members and employs 316 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | U.S. EAGLE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3939 Osuna Rd NE ALBUQUERQUE, NM 87109-4431 |
| Phone: | (505) 342-8888 |
| Fax: | (505) 342-8975 |
| Website: | https://www.useagle.org |
| Branches: | 10 branch locations |
| Members: | 93,284 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 808 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,459,663,840 |
| CEO/Manager: | Marsha Majors |
| Chairperson: | Kevin McMahon |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 50,444,475 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 133 |
| Real Estate Loans | 404,798,986 |
| Unsecured Loans | 53,206,553 |
| Other Loans | 585,331,633 |
| TOTAL LOANS | 1,043,645,026 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,384,936 |
| Land And Building | 27,809,467 |
| Other Fixed Assets | 6,727,522 |
| NCUSIF Deposit | 12,532,006 |
| All Other Assets | 1,579,230 |
| TOTAL ASSETS | 1,459,663,840 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 20,418,941 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 273,447,982 |
| Regular shares | 262,120,105 |
| All Other Shares & Deposits | 772,563,663 |
| TOTAL SHARES & DEPOSITS | 1,308,131,750 |
| TOTAL LIABILITIES | 1,328,550,691 |
| Regular Reserve | 0 |
| Other Reserves | -18,522,594 |
| Undivided Earnings | 149,635,743 |
| TOTAL EQUITY | 131,113,149 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,459,663,840 |
| INCOME & EXPENSE | |
| Loan Income | 53,441,951 |
| Investment Income | 8,118,914 |
| Other Income | 5,351,930 |
| Total Employee Compensation & Benefits | 28,513,614 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 26,021,861 |
| Non-operating Income & (Expense) | 1,300 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,676,411 |
| Cost of Funds | 14,281,445 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,654,904 |
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