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SANDIA LABORATORY FEDERAL CREDIT UNION (SLFCU)

Dec, 31, 2021 — SANDIA LABORATORY FEDERAL CREDIT UNION (SLFCU) is a federal credit union headquartered in ALBUQUERQUE, NM with 12 branch locations and about $3.62 billion in total assets. Opened 74 years ago in 1948, SANDIA LABORATORY FEDERAL CREDIT UNION (SLFCU) has about 133,128 members and employs 397 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 307083911
Name:SANDIA LABORATORY FEDERAL CREDIT UNION
Address:
(Main Office)
3707 Juan Tabo Blvd NE
ALBUQUERQUE, NM 87111
Phone:(505) 293-0500
Fax:
Website:http://www.slfcu.org
Branches:12 branch locations
Members:133,128
Credit Union Type:Federal Credit Union
Charter Number:5851
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1948
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$3,624,478,112
CEO/Manager:Robert S Chavez
Chairperson:Chuck Maheras

Call Report

  • First Time Homebuyer Program
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 167,872,853
TOTAL INVESTMENTS 1,821,177,289
Loans Held for Sale 135,000
 
 Real Estate Loans 891,974,183
 Unsecured Loans 57,758,328
 Other Loans 560,728,288
 TOTAL LOANS 1,510,460,799
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,705,627
 Land And Building 34,736,348
 Other Fixed Assets 7,482,138
 NCUSIF Deposit 27,511,270
 All Other Assets 61,808,042
  TOTAL ASSETS 3,624,478,112
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 30,804,390
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 568,180,518
 Regular shares 1,419,337,350
 All Other Shares & Deposits 1,261,427,870
  TOTAL SHARES & DEPOSITS 3,248,945,738
  TOTAL LIABILITIES 3,279,750,128
 Regular Reserve 20,395,710
 Other Reserves -8,716,494
 Undivided Earnings 333,048,768
  TOTAL EQUITY 344,727,984
  TOTAL LIABILITIES, SHARES, & EQUITY 3,624,478,112
INCOME & EXPENSE  
 Loan Income 59,655,076
 Investment Income 20,572,158
 Other Income 6,741,907
 Total Employee Compensation & Benefits 32,209,733
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 24,343,516
 Non-operating Income & (Expense) 413,170
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 934,000
 Cost of Funds 14,998,317
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 26,185,950
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