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CHURCHILL COUNTY FEDERAL CREDIT UNION

Dec, 31, 2020 — CHURCHILL COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in FALLON, NV with 1 branch location and about $57.70 million in total assets. Opened 64 years ago in 1957, CHURCHILL COUNTY FEDERAL CREDIT UNION has about 2,962 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CHURCHILL COUNTY FEDERAL CREDIT UNION
Address:
(Main Office)
667 S MAINE ST
FALLON, NV 89406-3801
Phone:(775) 423-7444
Fax:(775) 423-7223
Website:https://www.myccfcu.org
Branches:1 branch locations
Members:2,962
Credit Union Type:Federal Credit Union
Charter Number:11824
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1957
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$57,695,509
CEO/Manager:Gary Cordes
Chairperson:William Lawry

Call Report

  • Indirect Consumer Loans
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 11,443,743
TOTAL INVESTMENTS 10,276,613
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,785,930
 Other Loans 33,734,571
 TOTAL LOANS 35,520,501
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -260,607
 Land And Building 127,548
 Other Fixed Assets 7,420
 NCUSIF Deposit 398,894
 All Other Assets 181,397
  TOTAL ASSETS 57,695,509
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 20,340
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 43,364,500
 All Other Shares & Deposits 3,076,189
  TOTAL SHARES & DEPOSITS 46,440,689
  TOTAL LIABILITIES 46,461,029
 Regular Reserve 483,287
 Other Reserves 0
 Undivided Earnings 10,751,193
  TOTAL EQUITY 11,234,480
  TOTAL LIABILITIES, SHARES, & EQUITY 57,695,509
INCOME & EXPENSE  
 Loan Income 1,497,796
 Investment Income 267,420
 Other Income 51,573
 Total Employee Compensation & Benefits 335,612
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 233,567
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 64,433
 Cost of Funds 393,433
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 789,744
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