Dec, 31, 2021 — RINCONES PRESBYTERIAN CREDIT UNION is a federally insured state chartered credit union headquartered in CHACON, NM with 1 branch location and about $5.45 million in total assets. Opened 62 years ago in 1960, RINCONES PRESBYTERIAN CREDIT UNION has about 833 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | RINCONES PRESBYTERIAN CREDIT UNION |
---|---|
Address: (Main Office) | 11 Kingfisher Road CHACON, NM 87713 |
Phone: | (575) 387-6339 |
Fax: | (575) 387-6854 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 833 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 61946 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Apr 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,454,259 |
CEO/Manager: | Kristen Duran |
Chairperson: | Arthur Romero |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 534,527 |
TOTAL INVESTMENTS | 957,570 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 57,256 |
Other Loans | 3,810,175 |
TOTAL LOANS | 3,894,517 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -67,793 |
Land And Building | 78,165 |
Other Fixed Assets | 10,842 |
NCUSIF Deposit | 44,599 |
All Other Assets | 1,832 |
TOTAL ASSETS | 5,454,259 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,404 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 22,408 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,144,976 |
All Other Shares & Deposits | 2,760,411 |
TOTAL SHARES & DEPOSITS | 4,905,387 |
TOTAL LIABILITIES | 4,932,199 |
Regular Reserve | 19,301 |
Other Reserves | 0 |
Undivided Earnings | 502,759 |
TOTAL EQUITY | 522,060 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,454,259 |
INCOME & EXPENSE | |
Loan Income | 220,349 |
Investment Income | 2,901 |
Other Income | 57,540 |
Total Employee Compensation & Benefits | 82,197 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 138,854 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 22,070 |
Cost of Funds | 40,146 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 12,105 |
↑ Back to Top |