Dec, 31, 2023 — UNIVERSITY & COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in STILLWATER, OK with 2 branch locations and about $207.10 million in total assets. Opened 56 years ago in 1968, UNIVERSITY & COMMUNITY FEDERAL CREDIT UNION has about 13,196 members and employs 42 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UNIVERSITY & COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 311 E McElroy Rd STILLWATER, OK 74075-3815 |
| Phone: | (405) 743-3328 |
| Fax: | (405) 743-3350 |
| Website: | https://www.okcommunitycu.com |
| Branches: | 2 branch locations |
| Members: | 13,196 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18965 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $207,104,423 |
| CEO/Manager: | Daniel B Thrasher |
| Chairperson: | Lyle Eastman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,717,062 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 71,631,068 |
| Unsecured Loans | 1,015,765 |
| Other Loans | 94,924,730 |
| TOTAL LOANS | 167,571,562 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -428,337 |
| Land And Building | 8,498,343 |
| Other Fixed Assets | 375,261 |
| NCUSIF Deposit | 1,624,885 |
| All Other Assets | 65,475 |
| TOTAL ASSETS | 207,104,423 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7,177 |
| Notes & Interest Payable | 17,200,000 |
| Accounts Payable & Other Liabilities | 2,256,786 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 39,467,008 |
| Regular shares | 61,414,696 |
| All Other Shares & Deposits | 64,760,951 |
| TOTAL SHARES & DEPOSITS | 165,642,655 |
| TOTAL LIABILITIES | 185,106,618 |
| Regular Reserve | 0 |
| Other Reserves | -1,109,280 |
| Undivided Earnings | 23,107,085 |
| TOTAL EQUITY | 21,997,805 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 207,104,423 |
| INCOME & EXPENSE | |
| Loan Income | 6,646,811 |
| Investment Income | 1,160,415 |
| Other Income | 647,746 |
| Total Employee Compensation & Benefits | 3,173,396 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,045,133 |
| Non-operating Income & (Expense) | -31,360 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 290,706 |
| Cost of Funds | 2,334,931 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,378,999 |
| ↑ Back to Top | |