Sep, 30, 2025 — LOS ALAMOS SCHOOLS CREDIT UNION is a federally insured state chartered credit union headquartered in LOS ALAMOS, NM with 1 branch location and about $32.73 million in total assets. Opened 71 years ago in 1955, LOS ALAMOS SCHOOLS CREDIT UNION has about 2,210 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LOS ALAMOS SCHOOLS CREDIT UNION |
|---|---|
| Address: (Main Office) | 1010 Central Ave. LOS ALAMOS, NM 87544 |
| Phone: | (505) 662-3421 |
| Fax: | |
| Website: | https://www.lascu.org |
| Branches: | 1 branch locations |
| Members: | 2,210 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61165 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $32,733,217 |
| CEO/Manager: | Matthew Schmidt |
| Chairperson: | Jennifer Elson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,741,215 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,688,146 |
| Unsecured Loans | 1,689,354 |
| Other Loans | 10,419,412 |
| TOTAL LOANS | 20,796,912 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -109,584 |
| Land And Building | 2,362,387 |
| Other Fixed Assets | 25,167 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 290,164 |
| All Other Assets | 0 |
| TOTAL ASSETS | 32,733,217 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 218,549 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,848,574 |
| Regular shares | 11,988,448 |
| All Other Shares & Deposits | 13,070,278 |
| TOTAL SHARES & DEPOSITS | 28,907,300 |
| TOTAL LIABILITIES | 29,125,850 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,607,367 |
| TOTAL EQUITY | 3,607,367 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 32,733,217 |
| INCOME & EXPENSE | |
| Loan Income | 967,587 |
| Investment Income | 261,756 |
| Other Income | 96,233 |
| Total Employee Compensation & Benefits | 384,327 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 442,716 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,000 |
| Cost of Funds | 307,394 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 176,139 |
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