Dec, 31, 2023 — NEBRASKA RURAL COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in MORRILL, NE with 2 branch locations and about $3.32 million in total assets. Opened 21 years ago in 2003, NEBRASKA RURAL COMMUNITY FEDERAL CREDIT UNION has about 578 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NEBRASKA RURAL COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 127 Center Ave MORRILL, NE 69358 |
Phone: | (308) 247-2026 |
Fax: | (308) 247-2027 |
Website: | https://www.nrcfcu.com |
Branches: | 2 branch locations |
Members: | 578 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24695 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 2003 |
Last Audited: | Apr 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,320,441 |
CEO/Manager: | Cathy Minter |
Chairperson: | David Howell |
ASSETS: | $ Amount |
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Cash & Equivalents | 238,131 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 925,325 |
Unsecured Loans | 33,188 |
Other Loans | 1,559,106 |
TOTAL LOANS | 2,517,619 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -34,676 |
Land And Building | 112,761 |
Other Fixed Assets | 3,263 |
NCUSIF Deposit | 26,317 |
All Other Assets | 0 |
TOTAL ASSETS | 3,320,441 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 10,792 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 80,000 |
Share Drafts | 0 |
Regular shares | 959,937 |
All Other Shares & Deposits | 1,968,333 |
TOTAL SHARES & DEPOSITS | 2,928,270 |
TOTAL LIABILITIES | 3,019,062 |
Regular Reserve | 0 |
Other Reserves | 66,943 |
Undivided Earnings | 234,436 |
TOTAL EQUITY | 301,379 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,320,441 |
INCOME & EXPENSE | |
Loan Income | 190,022 |
Investment Income | 16,339 |
Other Income | 34,927 |
Total Employee Compensation & Benefits | 79,514 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 85,530 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,000 |
Cost of Funds | 56,423 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 7,821 |
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» See also Statement of Financial Condition