Dec, 31, 2023 — CCE FEDERAL CREDIT UNION is a federal credit union headquartered in FARGO, ND with 1 branch location and about $15.27 million in total assets. Opened 66 years ago in 1958, CCE FEDERAL CREDIT UNION has about 1,373 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: | CCE FEDERAL CREDIT UNION |
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Address: (Main Office) | 316 10th St N FARGO, ND 58102-4315 |
Phone: | (701) 237-4493 |
Fax: | (701) 298-9880 |
Website: | https://ccefcu.net |
Branches: | 1 branch locations |
Members: | 1,373 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24944 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1958 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $15,268,075 |
CEO/Manager: | Dawn Rognlien |
Chairperson: | Joe Locnikar |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,581,187 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 387,120 |
Unsecured Loans | 663,095 |
Other Loans | 6,621,353 |
TOTAL LOANS | 7,671,568 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -136,079 |
Land And Building | 66,001 |
Other Fixed Assets | 10,497 |
NCUSIF Deposit | 153,789 |
All Other Assets | 0 |
TOTAL ASSETS | 15,268,075 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 41,385 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,526,897 |
Regular shares | 4,670,886 |
All Other Shares & Deposits | 5,191,407 |
TOTAL SHARES & DEPOSITS | 13,389,190 |
TOTAL LIABILITIES | 13,430,575 |
Regular Reserve | 0 |
Other Reserves | 274,644 |
Undivided Earnings | 1,562,856 |
TOTAL EQUITY | 1,837,500 |
TOTAL LIABILITIES, SHARES, & EQUITY | 15,268,075 |
INCOME & EXPENSE | |
Loan Income | 373,839 |
Investment Income | 213,731 |
Other Income | 70,669 |
Total Employee Compensation & Benefits | 247,930 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 171,950 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 300 |
Cost of Funds | 5,089 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 239,542 |
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