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WESTMINSTER FEDERAL CREDIT UNION

Sep, 30, 2025 — WESTMINSTER FEDERAL CREDIT UNION is a federal credit union headquartered in WESTMINSTER, CO with 2 branch locations and about $51.81 million in total assets. Opened 66 years ago in 1960, WESTMINSTER FEDERAL CREDIT UNION has about 3,151 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:WESTMINSTER FEDERAL CREDIT UNION
Address:
(Main Office)
9053 Harlan St Ste 10
WESTMINSTER, CO 80031-2908
Phone:(303) 427-6466
Fax:(303) 427-5116
Website:https://www.wfcu.com
Branches:2 branch locations
Members:3,151
Credit Union Type:Federal Credit Union
Charter Number:13842
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1960
Last Audited:Apr 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$51,814,760
CEO/Manager:Megan Thomas
Chairperson:Harvey G Morris

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,654,303
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 18,872,277
 Unsecured Loans 663,437
 Other Loans 8,711,000
 TOTAL LOANS 28,246,714
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -160,536
 Land And Building 0
 Other Fixed Assets 30,779
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 440,736
 All Other Assets 0
  TOTAL ASSETS 51,814,760
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 250,586
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,139,204
 Regular shares 18,187,620
 All Other Shares & Deposits 19,153,521
  TOTAL SHARES & DEPOSITS 46,480,345
  TOTAL LIABILITIES 46,732,625
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 5,082,135
  TOTAL EQUITY 5,082,135
  TOTAL LIABILITIES, SHARES, & EQUITY 51,814,760
INCOME & EXPENSE  
 Loan Income 1,228,589
 Investment Income 507,198
 Other Income 99,946
 Total Employee Compensation & Benefits 522,836
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 749,690
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 87,482
 Cost of Funds 556,803
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 94,457
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