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CHURCHILL COUNTY FEDERAL CREDIT UNION

Mar, 31, 2021 — CHURCHILL COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in FALLON, NV with 1 branch location and about $63.33 million in total assets. Opened 64 years ago in 1957, CHURCHILL COUNTY FEDERAL CREDIT UNION has about 3,012 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:3,012
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:$63,332,026
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 14,754,934
TOTAL INVESTMENTS 12,460,660
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,586,667
 Other Loans 34,051,131
 TOTAL LOANS 35,637,798
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -231,187
 Land And Building 126,550
 Other Fixed Assets 6,244
 NCUSIF Deposit 398,894
 All Other Assets 178,133
  TOTAL ASSETS 63,332,026
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 19,728
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 48,883,403
 All Other Shares & Deposits 3,003,488
  TOTAL SHARES & DEPOSITS 51,886,891
  TOTAL LIABILITIES 51,906,619
 Regular Reserve 483,287
 Other Reserves 0
 Undivided Earnings 10,942,120
  TOTAL EQUITY 11,425,407
  TOTAL LIABILITIES, SHARES, & EQUITY 63,332,026
INCOME & EXPENSE  
 Loan Income 385,619
 Investment Income 45,501
 Other Income 12,989
 Total Employee Compensation & Benefits 89,140
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 47,179
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,253
 Cost of Funds 112,610
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 190,927
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