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SANDIA LABORATORY FEDERAL CREDIT UNION (SLFCU)

Jun, 30, 2021 — SANDIA LABORATORY FEDERAL CREDIT UNION (SLFCU) is a federal credit union headquartered in ALBUQUERQUE, NM with 10 branch locations and about $3.31 billion in total assets. Opened 73 years ago in 1948, SANDIA LABORATORY FEDERAL CREDIT UNION (SLFCU) has about 118,284 members and employs 362 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)
P.O. BOX 23040
ALBUQUERQUE, NM 87192-1040
Phone:(505) 293-0500
Fax:
Website:http://www.slfcu.org
Branches:10 branch locations
Members:118,284
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:$3,305,282,794
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 57,139,798
TOTAL INVESTMENTS 1,708,831,565
Loans Held for Sale 2,515,971
 
 Real Estate Loans 848,700,097
 Unsecured Loans 56,538,902
 Other Loans 529,681,116
 TOTAL LOANS 1,434,920,115
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,569,995
 Land And Building 31,675,008
 Other Fixed Assets 7,770,006
 NCUSIF Deposit 24,398,549
 All Other Assets 44,601,777
  TOTAL ASSETS 3,305,282,794
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 28,715,715
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 505,186,989
 Regular shares 1,246,454,079
 All Other Shares & Deposits 1,201,445,504
  TOTAL SHARES & DEPOSITS 2,953,086,572
  TOTAL LIABILITIES 2,981,802,287
 Regular Reserve 20,395,711
 Other Reserves -17,756,314
 Undivided Earnings 320,841,110
  TOTAL EQUITY 323,480,507
  TOTAL LIABILITIES, SHARES, & EQUITY 3,305,282,794
INCOME & EXPENSE  
 Loan Income 28,639,118
 Investment Income 9,437,417
 Other Income 2,969,349
 Total Employee Compensation & Benefits 14,698,443
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 10,183,750
 Non-operating Income & (Expense) 111,556
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 7,596,793
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 14,201,572
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