Dec, 31, 2023 — SHERIDAN COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in SHERIDAN, WY with 1 branch location and about $80.59 million in total assets. Opened 83 years ago in 1941, SHERIDAN COMMUNITY FEDERAL CREDIT UNION has about 6,514 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SHERIDAN COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 141 S Gould St SHERIDAN, WY 82801 |
| Phone: | (307) 672-3445 |
| Fax: | (307) 672-9459 |
| Website: | https://www.sheridancreditunion.com |
| Branches: | 1 branch locations |
| Members: | 6,514 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4374 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $80,591,410 |
| CEO/Manager: | Todd Hilling |
| Chairperson: | Ward Cotton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,692,924 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 306,363 |
| Unsecured Loans | 15,141,742 |
| Other Loans | 59,170,898 |
| TOTAL LOANS | 74,619,003 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,070,565 |
| Land And Building | 562,884 |
| Other Fixed Assets | 28,750 |
| NCUSIF Deposit | 705,858 |
| All Other Assets | 0 |
| TOTAL ASSETS | 80,591,410 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 89,529 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -15,101 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 25,704,698 |
| Regular shares | 22,468,599 |
| All Other Shares & Deposits | 23,891,257 |
| TOTAL SHARES & DEPOSITS | 72,064,554 |
| TOTAL LIABILITIES | 72,138,982 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 8,452,428 |
| TOTAL EQUITY | 8,452,428 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 80,591,410 |
| INCOME & EXPENSE | |
| Loan Income | 3,892,765 |
| Investment Income | 308,922 |
| Other Income | 426,377 |
| Total Employee Compensation & Benefits | 923,645 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,141,360 |
| Non-operating Income & (Expense) | 12,831 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,490,584 |
| Cost of Funds | 992,719 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -338,313 |
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