Dec, 31, 2023 — CO-NE FEDERAL CREDIT UNION is a federal credit union headquartered in JULESBURG, CO with 1 branch location and about $5.32 million in total assets. Opened 58 years ago in 1966, CO-NE FEDERAL CREDIT UNION has about 717 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CO-NE FEDERAL CREDIT UNION |
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Address: (Main Office) | 113 Cedar St JULESBURG, CO 80737 |
Phone: | (970) 474-2617 |
Fax: | (970) 474-2169 |
Website: | https://www.co-nefcu.net |
Branches: | 1 branch locations |
Members: | 717 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17250 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,317,843 |
CEO/Manager: | Deanna Miller |
Chairperson: | Kami Waldron |
ASSETS: | $ Amount |
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Cash & Equivalents | 489,973 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,328,648 |
Unsecured Loans | 188,703 |
Other Loans | 1,201,520 |
TOTAL LOANS | 2,718,871 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,517 |
Land And Building | 114,898 |
Other Fixed Assets | 18,012 |
NCUSIF Deposit | 48,127 |
All Other Assets | 0 |
TOTAL ASSETS | 5,317,843 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 8,285 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 535,066 |
Regular shares | 2,598,938 |
All Other Shares & Deposits | 1,730,382 |
TOTAL SHARES & DEPOSITS | 4,864,387 |
TOTAL LIABILITIES | 4,872,672 |
Regular Reserve | 0 |
Other Reserves | 153,601 |
Undivided Earnings | 291,570 |
TOTAL EQUITY | 445,171 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,317,843 |
INCOME & EXPENSE | |
Loan Income | 151,466 |
Investment Income | 34,640 |
Other Income | 31,806 |
Total Employee Compensation & Benefits | 92,019 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 144,722 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,789 |
Cost of Funds | 29,299 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -47,784 |
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