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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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