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SANDIA LABORATORY FEDERAL CREDIT UNION (SLFCU)

Mar, 31, 2022 — SANDIA LABORATORY FEDERAL CREDIT UNION (SLFCU) is a federal credit union headquartered in ALBUQUERQUE, NM with 12 branch locations and about $3.61 billion in total assets. Opened 74 years ago in 1948, SANDIA LABORATORY FEDERAL CREDIT UNION (SLFCU) has about 133,298 members and employs 411 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:133,298
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, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$3,610,066,339
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 143,069,767
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 900,538,133
 Unsecured Loans 56,106,624
 Other Loans 554,140,737
 TOTAL LOANS 1,511,253,475
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,294,480
 Land And Building 39,444,602
 Other Fixed Assets 7,673,415
 NCUSIF Deposit 27,511,270
 All Other Assets 278,994
  TOTAL ASSETS 3,610,066,339
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 33,352,115
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 593,671,312
 Regular shares 1,468,580,942
 All Other Shares & Deposits 1,261,086,398
  TOTAL SHARES & DEPOSITS 3,323,338,652
  TOTAL LIABILITIES 3,356,690,767
 Regular Reserve 0
 Other Reserves -106,027,623
 Undivided Earnings 359,403,195
  TOTAL EQUITY 253,375,572
  TOTAL LIABILITIES, SHARES, & EQUITY 3,610,066,339
INCOME & EXPENSE  
 Loan Income 14,029,000
 Investment Income 6,861,871
 Other Income 2,630,983
 Total Employee Compensation & Benefits 9,435,807
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,186,810
 Non-operating Income & (Expense) 165,678
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,401,495
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,992,903
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