Dec, 31, 2023 — ARAPAHOE CREDIT UNION is a federally insured state chartered credit union headquartered in LITTLETON, CO with 2 branch locations and about $164.15 million in total assets. Opened 86 years ago in 1938, ARAPAHOE CREDIT UNION has about 12,577 members and employs 35 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ARAPAHOE CREDIT UNION |
---|---|
Address: (Main Office) | 7201 S Broadway LITTLETON, CO 80122 |
Phone: | (303) 740-7063 |
Fax: | (303) 740-7164 |
Website: | https://www.arapahoecu.org |
Branches: | 2 branch locations |
Members: | 12,577 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64110 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $164,150,908 |
CEO/Manager: | Scott Ferndelli |
Chairperson: | Patric McIntosh |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 12,151,647 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 45,256,839 |
Unsecured Loans | 4,293,023 |
Other Loans | 81,629,036 |
TOTAL LOANS | 131,178,898 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,201,402 |
Land And Building | 3,794,008 |
Other Fixed Assets | 710,608 |
NCUSIF Deposit | 1,538,649 |
All Other Assets | 0 |
TOTAL ASSETS | 164,150,908 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 677,110 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 28,232,871 |
Regular shares | 43,603,418 |
All Other Shares & Deposits | 81,297,820 |
TOTAL SHARES & DEPOSITS | 153,134,109 |
TOTAL LIABILITIES | 153,811,219 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 10,339,689 |
TOTAL EQUITY | 10,339,689 |
TOTAL LIABILITIES, SHARES, & EQUITY | 164,150,908 |
INCOME & EXPENSE | |
Loan Income | 8,438,175 |
Investment Income | 436,516 |
Other Income | 1,029,220 |
Total Employee Compensation & Benefits | 3,376,000 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,584,794 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,930,000 |
Cost of Funds | 1,920,500 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -2,496,323 |
↑ Back to Top |