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OTERO COUNTY TEACHERS FEDERAL CREDIT UNION

Sep, 30, 2025 — OTERO COUNTY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in LA JUNTA, CO with 1 branch location and about $4.87 million in total assets. Opened 89 years ago in 1937, OTERO COUNTY TEACHERS FEDERAL CREDIT UNION has about 853 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:OTERO COUNTY TEACHERS FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 1168
LA JUNTA, CO 81050-1168
Phone:(719) 384-7488
Fax:(719) 384-7360
Website:https://oterocountyteachersfcu.com
Branches:1 branch locations
Members:853
Credit Union Type:Federal Credit Union
Charter Number:1956
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1937
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$4,865,271
CEO/Manager:A. Diane Payne
Chairperson:Steven Duff

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 890,235
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 79,946
 Other Loans 916,454
 TOTAL LOANS 996,400
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -27,279
 Land And Building 18,356
 Other Fixed Assets 833
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 42,579
 All Other Assets 0
  TOTAL ASSETS 4,865,271
LIABILITIES & CAPITAL:  
 Dividends Payable 1,182
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 18,227
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,318,347
 All Other Shares & Deposits 1,215,797
  TOTAL SHARES & DEPOSITS 4,534,144
  TOTAL LIABILITIES 4,553,553
 Regular Reserve 0
 Other Reserves 88,230
 Undivided Earnings 223,488
  TOTAL EQUITY 311,718
  TOTAL LIABILITIES, SHARES, & EQUITY 4,865,271
INCOME & EXPENSE  
 Loan Income 57,518
 Investment Income 15,005
 Other Income 5,314
 Total Employee Compensation & Benefits 49,215
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 51,937
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 7,914
 Cost of Funds 15,493
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -45,533
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