Sep, 30, 2025 — FORT MORGAN SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in FORT MORGAN, CO with 1 branch location and about $5.21 million in total assets. Opened 71 years ago in 1955, FORT MORGAN SCHOOLS FEDERAL CREDIT UNION has about 440 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FORT MORGAN SCHOOLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 212 E Kiowa Ave FORT MORGAN, CO 80701 |
| Phone: | (970) 867-4028 |
| Fax: | (970) 867-4659 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 440 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10180 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,212,982 |
| CEO/Manager: | Phillip J Stadler |
| Chairperson: | Brian Nickell |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,166,457 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,722,341 |
| Unsecured Loans | 48,976 |
| Other Loans | 1,914,917 |
| TOTAL LOANS | 3,686,234 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -25,000 |
| Land And Building | 0 |
| Other Fixed Assets | 4,480 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 54,076 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,212,982 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,892 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,817,083 |
| All Other Shares & Deposits | 2,580,260 |
| TOTAL SHARES & DEPOSITS | 4,397,342 |
| TOTAL LIABILITIES | 4,399,234 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 813,748 |
| TOTAL EQUITY | 813,748 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,212,982 |
| INCOME & EXPENSE | |
| Loan Income | 166,464 |
| Investment Income | 20,446 |
| Other Income | 2,055 |
| Total Employee Compensation & Benefits | 38,314 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 51,977 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 111,495 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -12,821 |
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