Dec, 31, 2023 — ROCKY MOUNTAIN LAW ENFORCEMENT FEDERAL CREDIT UNION is a federal credit union headquartered in DENVER, CO with 2 branch locations and about $321.87 million in total assets. Opened 86 years ago in 1938, ROCKY MOUNTAIN LAW ENFORCEMENT FEDERAL CREDIT UNION has about 13,706 members and employs 37 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ROCKY MOUNTAIN LAW ENFORCEMENT FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 700 W 39th Ave DENVER, CO 80216 |
Phone: | (303) 458-6660 |
Fax: | (303) 480-1921 |
Website: | https://www.rmlefcu.org |
Branches: | 2 branch locations |
Members: | 13,706 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2847 |
---|---|
Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $321,870,711 |
CEO/Manager: | Christine Wiley |
Chairperson: | Tom Cornelius |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 36,290,684 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 160,470,007 |
Unsecured Loans | 15,792,125 |
Other Loans | 44,490,676 |
TOTAL LOANS | 220,752,808 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -704,640 |
Land And Building | 7,283,316 |
Other Fixed Assets | 1,425,313 |
NCUSIF Deposit | 2,371,000 |
All Other Assets | 0 |
TOTAL ASSETS | 321,870,711 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,713,121 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 55,653,712 |
Regular shares | 57,172,998 |
All Other Shares & Deposits | 152,682,163 |
TOTAL SHARES & DEPOSITS | 265,508,874 |
TOTAL LIABILITIES | 269,221,995 |
Regular Reserve | 0 |
Other Reserves | 550,744 |
Undivided Earnings | 52,097,972 |
TOTAL EQUITY | 52,648,716 |
TOTAL LIABILITIES, SHARES, & EQUITY | 321,870,711 |
INCOME & EXPENSE | |
Loan Income | 13,435,984 |
Investment Income | 2,431,802 |
Other Income | 1,264,212 |
Total Employee Compensation & Benefits | 4,839,360 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 6,110,133 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 337,453 |
Cost of Funds | 4,439,214 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 6,121,944 |
↑ Back to Top |