Jun, 30, 2024 — ROCKY MOUNTAIN LAW ENFORCEMENT FEDERAL CREDIT UNION is a federal credit union headquartered in DENVER, CO with 2 branch locations and about $314.24 million in total assets. Opened 87 years ago in 1938, ROCKY MOUNTAIN LAW ENFORCEMENT FEDERAL CREDIT UNION has about 13,808 members and employs 36 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ROCKY MOUNTAIN LAW ENFORCEMENT FEDERAL CREDIT UNION |
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Address: (Main Office) | 700 W 39th Ave DENVER, CO 80216 |
Phone: | (303) 458-6660 |
Fax: | (303) 480-1921 |
Website: | https://www.rmlefcu.org |
Branches: | 2 branch locations |
Members: | 13,808 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2847 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $314,241,140 |
CEO/Manager: | Christine Wiley |
Chairperson: | Tom Cornelius |
ASSETS: | $ Amount |
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Cash & Equivalents | 29,823,269 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 148,137,908 |
Unsecured Loans | 15,321,857 |
Other Loans | 52,301,081 |
TOTAL LOANS | 215,760,846 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -555,059 |
Land And Building | 7,855,660 |
Other Fixed Assets | 1,527,323 |
NCUSIF Deposit | 2,338,775 |
All Other Assets | 0 |
TOTAL ASSETS | 314,241,140 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,673,106 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 62,232,151 |
Regular shares | 80,505,889 |
All Other Shares & Deposits | 120,321,724 |
TOTAL SHARES & DEPOSITS | 263,059,764 |
TOTAL LIABILITIES | 267,732,870 |
Regular Reserve | 0 |
Other Reserves | 1,576,452 |
Undivided Earnings | 44,931,818 |
TOTAL EQUITY | 46,508,270 |
TOTAL LIABILITIES, SHARES, & EQUITY | 314,241,140 |
INCOME & EXPENSE | |
Loan Income | 6,042,935 |
Investment Income | 807,171 |
Other Income | 1,127,009 |
Total Employee Compensation & Benefits | 3,216,652 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,323,638 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 63,029 |
Cost of Funds | 736,177 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,883,064 |
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