Dec, 31, 2023 — SANDIA LABORATORY FEDERAL CREDIT UNION (SLFCU) is a federal credit union headquartered in ALBUQUERQUE, NM with 12 branch locations and about $3.77 billion in total assets. Opened 76 years ago in 1948, SANDIA LABORATORY FEDERAL CREDIT UNION (SLFCU) has about 144,482 members and employs 503 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SANDIA LABORATORY FEDERAL CREDIT UNION |
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Address: (Main Office) | 3707 Juan Tabo Blvd NE ALBUQUERQUE, NM 87111 |
Phone: | (505) 293-0500 |
Fax: | |
Website: | https://www.slfcu.org |
Branches: | 12 branch locations |
Members: | 144,482 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5851 |
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Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1948 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $3,766,637,073 |
CEO/Manager: | Steph Sherrodd |
Chairperson: | Chuck Maheras |
ASSETS: | $ Amount |
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Cash & Equivalents | 186,184,736 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,254,759,376 |
Unsecured Loans | 105,437,276 |
Other Loans | 674,060,786 |
TOTAL LOANS | 2,034,257,438 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,703,845 |
Land And Building | 40,722,064 |
Other Fixed Assets | 5,730,179 |
NCUSIF Deposit | 27,677,986 |
All Other Assets | 0 |
TOTAL ASSETS | 3,766,637,073 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 424,780,947 |
Accounts Payable & Other Liabilities | 32,128,472 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 597,502,039 |
Regular shares | 1,163,634,921 |
All Other Shares & Deposits | 1,351,179,875 |
TOTAL SHARES & DEPOSITS | 3,112,316,834 |
TOTAL LIABILITIES | 3,569,994,253 |
Regular Reserve | 0 |
Other Reserves | -177,031,155 |
Undivided Earnings | 373,673,975 |
TOTAL EQUITY | 196,642,820 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,766,637,073 |
INCOME & EXPENSE | |
Loan Income | 83,893,002 |
Investment Income | 40,271,866 |
Other Income | 6,642,498 |
Total Employee Compensation & Benefits | 48,864,874 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 36,740,861 |
Non-operating Income & (Expense) | 246,834 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,682,347 |
Cost of Funds | 46,204,305 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 4,130,002 |
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» See also Statement of Financial Condition