WESTERN ROCKIES FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.westernrockiesfcu.org for more information.
Dec, 31, 2023 — WESTERN ROCKIES FEDERAL CREDIT UNION is a federal credit union headquartered in GRAND JUNCTION, CO with 3 branch locations and about $179.48 million in total assets. Opened 88 years ago in 1936, WESTERN ROCKIES FEDERAL CREDIT UNION has about 14,452 members and employs 46 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | WESTERN ROCKIES FEDERAL CREDIT UNION |
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Address: (Main Office) | 2302 NORTH AVE GRAND JUNCTION, CO 81501 |
Phone: | (970) 243-2434 |
Fax: | (970) 243-5911 |
Website: | https://www.westernrockiesfcu.org |
Branches: | 3 branch locations |
Members: | 14,452 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1608 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $179,478,175 |
CEO/Manager: | Kristi L Porter |
Chairperson: | Leo Rinderle |
ASSETS: | $ Amount |
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Cash & Equivalents | 16,612,383 |
TOTAL INVESTMENTS | 52,704,368 |
Loans Held for Sale | 0 |
Real Estate Loans | 37,537,393 |
Unsecured Loans | 3,529,531 |
Other Loans | 57,287,024 |
TOTAL LOANS | 98,353,948 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -513,625 |
Land And Building | 3,089,169 |
Other Fixed Assets | 234,714 |
NCUSIF Deposit | 1,571,835 |
All Other Assets | 7,425,383 |
TOTAL ASSETS | 179,478,175 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 31,558 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 523,660 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 48,477,673 |
Regular shares | 92,388,012 |
All Other Shares & Deposits | 27,860,851 |
TOTAL SHARES & DEPOSITS | 168,726,536 |
TOTAL LIABILITIES | 169,281,754 |
Regular Reserve | 2,658,024 |
Other Reserves | -1,740,934 |
Undivided Earnings | 9,279,331 |
TOTAL EQUITY | 10,196,421 |
TOTAL LIABILITIES, SHARES, & EQUITY | 179,478,175 |
INCOME & EXPENSE | |
Loan Income | 3,722,765 |
Investment Income | 720,882 |
Other Income | 2,336,512 |
Total Employee Compensation & Benefits | 3,358,147 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,409,961 |
Non-operating Income & (Expense) | 77,840 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 93,845 |
Cost of Funds | 134,453 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 137,726 |
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