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SWEETWATER FEDERAL CREDIT UNION

Mar, 31, 2021 — SWEETWATER FEDERAL CREDIT UNION is a federal credit union headquartered in ROCK SPRINGS, WY with 1 branch location and about $22.41 million in total assets. Opened 61 years ago in 1960, SWEETWATER FEDERAL CREDIT UNION has about 1,610 members and employs 6 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:1,610
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$22,413,315
CEO/Manager:CANDISE TAYLOR
Chairperson:MICHAEL LOWELL

Call Report

  • Overdraft Lines of Credit
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,866,396
TOTAL INVESTMENTS 9,037,170
Loans Held for Sale 0
 
 Real Estate Loans 1,868,552
 Unsecured Loans 311,380
 Other Loans 3,642,217
 TOTAL LOANS 5,822,149
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -59,867
 Land And Building 1,413,318
 Other Fixed Assets 67,864
 NCUSIF Deposit 178,494
 All Other Assets 87,791
  TOTAL ASSETS 22,413,315
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 13,931
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,771,781
 Regular shares 14,827,728
 All Other Shares & Deposits 1,722,078
  TOTAL SHARES & DEPOSITS 20,321,587
  TOTAL LIABILITIES 20,335,518
 Regular Reserve 517,827
 Other Reserves 0
 Undivided Earnings 1,559,970
  TOTAL EQUITY 2,077,797
  TOTAL LIABILITIES, SHARES, & EQUITY 22,413,315
INCOME & EXPENSE  
 Loan Income 74,927
 Investment Income 48,898
 Other Income 18,471
 Total Employee Compensation & Benefits 78,820
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 110,001
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 7,841
 Cost of Funds 6,115
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -57,784
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