Dec, 31, 2022 — ZIA CREDIT UNION is a federally insured state chartered credit union headquartered in LOS ALAMOS, NM with 3 branch locations and about $203.87 million in total assets. Opened 68 years ago in 1955, ZIA CREDIT UNION has about 12,353 members and employs 65 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ZIA CREDIT UNION |
|---|---|
| Address: (Main Office) | 1001 Central Ave LOS ALAMOS, NM 87544 |
| Phone: | (505) 662-4671 |
| Fax: | |
| Website: | https://www.ziacu.org |
| Branches: | 3 branch locations |
| Members: | 12,353 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60467 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $203,868,335 |
| CEO/Manager: | Dwayne B Herrera |
| Chairperson: | Juan Carlos Garcia |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 15,038,859 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 51,846,624 |
| Unsecured Loans | 12,869,635 |
| Other Loans | 68,482,900 |
| TOTAL LOANS | 135,960,317 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -596,148 |
| Land And Building | 5,077,546 |
| Other Fixed Assets | 1,043,515 |
| NCUSIF Deposit | 1,768,395 |
| All Other Assets | 34,500 |
| TOTAL ASSETS | 203,868,335 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 742,639 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 37,934,000 |
| Regular shares | 109,232,957 |
| All Other Shares & Deposits | 43,534,584 |
| TOTAL SHARES & DEPOSITS | 190,701,541 |
| TOTAL LIABILITIES | 191,444,180 |
| Regular Reserve | 0 |
| Other Reserves | -1,276,798 |
| Undivided Earnings | 13,700,953 |
| TOTAL EQUITY | 12,424,155 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 203,868,335 |
| INCOME & EXPENSE | |
| Loan Income | 5,159,996 |
| Investment Income | 422,590 |
| Other Income | 1,609,917 |
| Total Employee Compensation & Benefits | 3,564,923 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,076,082 |
| Non-operating Income & (Expense) | 2,014,710 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 85,000 |
| Cost of Funds | 428,470 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,107,240 |
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