Mar, 31, 2022 — SANDIA AREA FEDERAL CREDIT UNION is a federal credit union headquartered in ALBUQUERQUE, NM with 7 branch locations and about $1.01 billion in total assets. Opened 66 years ago in 1956, SANDIA AREA FEDERAL CREDIT UNION has about 74,158 members and employs 161 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SANDIA AREA FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 8000 Palomas Ave NE ALBUQUERQUE, NM 87109 |
Phone: | (505) 292-6343 |
Fax: | |
Website: | http://www.sandia.org |
Branches: | 7 branch locations |
Members: | 74,158 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11316 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $1,011,653,231 |
CEO/Manager: | Paula J Peknik |
Chairperson: | Burton L Clyde |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 51,275,997 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 223,148,600 |
Unsecured Loans | 17,026,020 |
Other Loans | 601,931,543 |
TOTAL LOANS | 842,766,777 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,454,334 |
Land And Building | 14,066,817 |
Other Fixed Assets | 2,500,215 |
NCUSIF Deposit | 7,344,849 |
All Other Assets | 98,963 |
TOTAL ASSETS | 1,011,653,231 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 30,042,272 |
Accounts Payable & Other Liabilities | 5,131,397 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 156,666,035 |
Regular shares | 322,445,374 |
All Other Shares & Deposits | 397,569,002 |
TOTAL SHARES & DEPOSITS | 876,680,411 |
TOTAL LIABILITIES | 911,854,080 |
Regular Reserve | 0 |
Other Reserves | -5,283,204 |
Undivided Earnings | 105,082,355 |
TOTAL EQUITY | 99,799,151 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,011,653,231 |
INCOME & EXPENSE | |
Loan Income | 5,925,892 |
Investment Income | 456,483 |
Other Income | 556,089 |
Total Employee Compensation & Benefits | 2,361,675 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,055,195 |
Non-operating Income & (Expense) | 39,310 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 45,000 |
Cost of Funds | 1,044,870 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 2,630,387 |
↑ Back to Top |