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ATLANTIC CITY FEDERAL CREDIT UNION

Mar, 31, 2021 — ATLANTIC CITY FEDERAL CREDIT UNION is a federal credit union headquartered in LANDER, WY with 3 branch locations and about $161.40 million in total assets. Opened 57 years ago in 1964, ATLANTIC CITY FEDERAL CREDIT UNION has about 10,658 members and employs 35 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: 302386817
Name:ATLANTIC CITY FEDERAL CREDIT UNION
Address:
(Main Office)
1005 11TH ST
LANDER, WY 82520-2663
Phone:(307) 332-5151
Fax:(307) 332-8114
Website:http://www.atlanticcity.coop
Branches:3 branch locations
Members:10,658
Credit Union Type:Federal Credit Union
Charter Number:16009
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1964
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$161,396,478
CEO/Manager:Brian Rohrbacher
Chairperson:Bonnie Hildner

Call Report

  • Commercial Loans
  • Indirect Commercial Loans
  • Indirect Consumer Loans
  • Indirect Mortgage Loans
  • Interest Only or Payment Option 1st Mortgage Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 25,616,017
TOTAL INVESTMENTS 29,181,068
Loans Held for Sale 0
 
 Real Estate Loans 52,499,631
 Unsecured Loans 3,079,791
 Other Loans 39,287,185
 TOTAL LOANS 94,866,607
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -557,320
 Land And Building 4,498,865
 Other Fixed Assets 334,234
 NCUSIF Deposit 1,207,894
 All Other Assets 6,249,113
  TOTAL ASSETS 161,396,478
LIABILITIES & CAPITAL:  
 Dividends Payable 160,949
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 52,951
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 32,387,971
 Regular shares 43,748,997
 All Other Shares & Deposits 67,931,266
  TOTAL SHARES & DEPOSITS 144,068,234
  TOTAL LIABILITIES 144,282,134
 Regular Reserve 1,334,076
 Other Reserves -168,820
 Undivided Earnings 15,949,088
  TOTAL EQUITY 17,114,344
  TOTAL LIABILITIES, SHARES, & EQUITY 161,396,478
INCOME & EXPENSE  
 Loan Income 1,049,513
 Investment Income 239,825
 Other Income 343,459
 Total Employee Compensation & Benefits 490,073
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 538,058
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 45,000
 Cost of Funds 133,876
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 741,634
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