Dec, 31, 2023 — BELLCO CREDIT UNION is a federally insured state chartered credit union headquartered in GREENWOOD VILLAGE, CO with 28 branch locations and about $8.26 billion in total assets. Opened 88 years ago in 1936, BELLCO CREDIT UNION has about 368,503 members and employs 372 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BELLCO CREDIT UNION |
|---|---|
| Address: (Main Office) | 7600 E Orchard Rd GREENWOOD VILLAGE, CO 80111 |
| Phone: | (303) 689-7800 |
| Fax: | |
| Website: | https://www.bellco.org |
| Branches: | 28 branch locations |
| Members: | 368,503 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68437 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $8,259,004,929 |
| CEO/Manager: | Doug Ferraro |
| Chairperson: | Steven Angelier |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 933,686,318 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,582,144,709 |
| Unsecured Loans | 520,274,984 |
| Other Loans | 1,593,265,962 |
| TOTAL LOANS | 6,696,488,164 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -133,710,023 |
| Land And Building | 36,872,481 |
| Other Fixed Assets | 34,580,317 |
| NCUSIF Deposit | 55,784,119 |
| All Other Assets | 1,332,100 |
| TOTAL ASSETS | 8,259,004,929 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 785,678 |
| Notes & Interest Payable | 650,000,000 |
| Accounts Payable & Other Liabilities | 99,106,781 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,209,615,103 |
| Regular shares | 1,274,042,669 |
| All Other Shares & Deposits | 4,325,056,935 |
| TOTAL SHARES & DEPOSITS | 6,808,714,707 |
| TOTAL LIABILITIES | 7,558,607,166 |
| Regular Reserve | 0 |
| Other Reserves | -25,035,325 |
| Undivided Earnings | 725,433,088 |
| TOTAL EQUITY | 700,397,763 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,259,004,929 |
| INCOME & EXPENSE | |
| Loan Income | 305,166,882 |
| Investment Income | 56,890,915 |
| Other Income | 14,547,077 |
| Total Employee Compensation & Benefits | 43,632,820 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 104,995,368 |
| Non-operating Income & (Expense) | 4,214,256 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 41,621,707 |
| Cost of Funds | 177,930,667 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 43,617,404 |
| ↑ Back to Top | |