CENTRAL OKLAHOMA FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.cofcu.net for more information.
Dec, 31, 2023 — CENTRAL OKLAHOMA FEDERAL CREDIT UNION is a federal credit union headquartered in Davenport, OK with 2 branch locations and about $36.39 million in total assets. Opened 36 years ago in 1988, CENTRAL OKLAHOMA FEDERAL CREDIT UNION has about 2,900 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CENTRAL OKLAHOMA FEDERAL CREDIT UNION |
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Address: (Main Office) | P.O. Box 310 Davenport, OK 74026 |
Phone: | (918) 377-2341 |
Fax: | |
Website: | https://www.cofcu.net |
Branches: | 2 branch locations |
Members: | 2,900 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24350 |
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Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1988 |
Last Audited: | Oct 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $36,392,594 |
CEO/Manager: | Tommy W Smith |
Chairperson: | Gary Robinson |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,357,971 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 17,245,689 |
Unsecured Loans | 671,428 |
Other Loans | 8,066,062 |
TOTAL LOANS | 25,983,179 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -144,143 |
Land And Building | 1,636,994 |
Other Fixed Assets | 307,396 |
NCUSIF Deposit | 279,473 |
All Other Assets | 57,063 |
TOTAL ASSETS | 36,392,594 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 2,268,590 |
Accounts Payable & Other Liabilities | 457,773 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 7,112,739 |
Regular shares | 11,149,338 |
All Other Shares & Deposits | 11,109,832 |
TOTAL SHARES & DEPOSITS | 29,371,909 |
TOTAL LIABILITIES | 32,098,272 |
Regular Reserve | 0 |
Other Reserves | 491,451 |
Undivided Earnings | 3,802,871 |
TOTAL EQUITY | 4,294,322 |
TOTAL LIABILITIES, SHARES, & EQUITY | 36,392,594 |
INCOME & EXPENSE | |
Loan Income | 818,473 |
Investment Income | 63,155 |
Other Income | 179,494 |
Total Employee Compensation & Benefits | 806,567 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 555,783 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -6,361 |
Cost of Funds | 51,035 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -143,195 |
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