Sep, 30, 2025 — STERLING FEDERAL CREDIT UNION is a federal credit union headquartered in STERLING, CO with 2 branch locations and about $233.71 million in total assets. Opened 88 years ago in 1938, STERLING FEDERAL CREDIT UNION has about 10,282 members and employs 30 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | STERLING FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 822 W Main St STERLING, CO 80751 |
| Phone: | (970) 522-0111 |
| Fax: | (970) 522-2614 |
| Website: | https://www.sterlingcreditunion.org |
| Branches: | 2 branch locations |
| Members: | 10,282 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2840 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $233,709,333 |
| CEO/Manager: | Darrin Blankenbeckler |
| Chairperson: | Randy Bang |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 19,279,938 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 46,674,124 |
| Unsecured Loans | 251,310 |
| Other Loans | 36,571,090 |
| TOTAL LOANS | 84,643,986 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -136,599 |
| Land And Building | 1,709,209 |
| Other Fixed Assets | 161,369 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,784,888 |
| All Other Assets | 0 |
| TOTAL ASSETS | 233,709,333 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,346,023 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 24,938,624 |
| Regular shares | 135,766,900 |
| All Other Shares & Deposits | 30,932,575 |
| TOTAL SHARES & DEPOSITS | 191,638,100 |
| TOTAL LIABILITIES | 193,984,123 |
| Regular Reserve | 0 |
| Other Reserves | 71,427 |
| Undivided Earnings | 39,653,783 |
| TOTAL EQUITY | 39,725,210 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 233,709,333 |
| INCOME & EXPENSE | |
| Loan Income | 3,448,757 |
| Investment Income | 3,715,737 |
| Other Income | 264,350 |
| Total Employee Compensation & Benefits | 1,574,053 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,488,033 |
| Non-operating Income & (Expense) | 2,190 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 35,000 |
| Cost of Funds | 2,577,073 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,387,214 |
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