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SWEETWATER FEDERAL CREDIT UNION

Mar, 31, 2022 — SWEETWATER FEDERAL CREDIT UNION is a federal credit union headquartered in ROCK SPRINGS, WY with 1 branch location and about $22.44 million in total assets. Opened 62 years ago in 1960, SWEETWATER FEDERAL CREDIT UNION has about 1,529 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.


ABA Routing Number: 302386930
Name:SWEETWATER FEDERAL CREDIT UNION
Address:
(Main Office)
2611 FOOTHILL BLVD
ROCK SPRINGS, WY 82901
Phone:(307) 382-2227
Fax:(307) 382-8674
Website:http://www.sweetwaterfcu.coop
Branches:1 branch locations
Members:1,529
Credit Union Type:Federal Credit Union
Charter Number:13600
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1960
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$22,439,655
CEO/Manager:CANDISE TAYLOR
Chairperson:MICHAEL LOWELL

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,917,567
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,072,029
 Unsecured Loans 342,426
 Other Loans 4,405,731
 TOTAL LOANS 6,820,186
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -76,958
 Land And Building 1,379,656
 Other Fixed Assets 98,325
 NCUSIF Deposit 192,932
 All Other Assets 0
  TOTAL ASSETS 22,439,655
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 20,728
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,369,808
 Regular shares 15,346,123
 All Other Shares & Deposits 1,764,996
  TOTAL SHARES & DEPOSITS 20,480,927
  TOTAL LIABILITIES 20,501,655
 Regular Reserve 0
 Other Reserves 517,827
 Undivided Earnings 1,420,173
  TOTAL EQUITY 1,938,000
  TOTAL LIABILITIES, SHARES, & EQUITY 22,439,655
INCOME & EXPENSE  
 Loan Income 69,567
 Investment Income 54,329
 Other Income 17,126
 Total Employee Compensation & Benefits 70,230
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 118,828
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 18,283
 Cost of Funds 6,674
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -48,754
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