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 |
| 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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