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CO-NE FEDERAL CREDIT UNION

Mar, 31, 2021 — CO-NE FEDERAL CREDIT UNION is a federal credit union headquartered in JULESBURG, CO with 1 branch location and about $5.55 million in total assets. Opened 55 years ago in 1966, CO-NE FEDERAL CREDIT UNION has about 829 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CO-NE FEDERAL CREDIT UNION
Address:
(Main Office)
113 CEDAR ST
JULESBURG, CO 80737
Phone:(970) 474-2617
Fax:(970) 474-2169
Website:http://www.co-nefcu.net
Branches:1 branch locations
Members:829
Credit Union Type:Federal Credit Union
Charter Number:17250
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1966
Last Audited:Jul 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$5,551,351
CEO/Manager:Deanna Miller
Chairperson:David Rice

Call Report

  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 928,119
TOTAL INVESTMENTS 1,662,057
Loans Held for Sale 0
 
 Real Estate Loans 1,081,847
 Unsecured Loans 201,180
 Other Loans 1,445,364
 TOTAL LOANS 2,728,391
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -40,529
 Land And Building 129,437
 Other Fixed Assets 50,422
 NCUSIF Deposit 40,156
 All Other Assets 53,298
  TOTAL ASSETS 5,551,351
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 13,289
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 650,518
 Regular shares 2,399,149
 All Other Shares & Deposits 1,953,786
  TOTAL SHARES & DEPOSITS 5,003,453
  TOTAL LIABILITIES 5,016,742
 Regular Reserve 153,601
 Other Reserves 0
 Undivided Earnings 381,008
  TOTAL EQUITY 534,609
  TOTAL LIABILITIES, SHARES, & EQUITY 5,551,351
INCOME & EXPENSE  
 Loan Income 44,142
 Investment Income 5,773
 Other Income 7,280
 Total Employee Compensation & Benefits 24,567
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 33,078
 Non-operating Income & (Expense) 6,835
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,291
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,647
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