Dec, 31, 2022 — RINCONES PRESBYTERIAN CREDIT UNION is a federally insured state chartered credit union headquartered in CHACON, NM with 1 branch location and about $4.99 million in total assets. Opened 63 years ago in 1960, RINCONES PRESBYTERIAN CREDIT UNION has about 806 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 |
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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: | 806 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 61946 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Apr 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,985,178 |
CEO/Manager: | Teresita Vigil |
Chairperson: | Arthur Romero |
ASSETS: | $ Amount |
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Cash & Equivalents | 640,239 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 42,946 |
Other Loans | 3,908,751 |
TOTAL LOANS | 3,975,088 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -60,523 |
Land And Building | 73,665 |
Other Fixed Assets | 7,704 |
NCUSIF Deposit | 49,054 |
All Other Assets | 3,268 |
TOTAL ASSETS | 4,985,178 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,253 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 27,704 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,748,715 |
All Other Shares & Deposits | 2,652,273 |
TOTAL SHARES & DEPOSITS | 4,400,988 |
TOTAL LIABILITIES | 4,432,945 |
Regular Reserve | 0 |
Other Reserves | 19,301 |
Undivided Earnings | 532,932 |
TOTAL EQUITY | 552,233 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,985,178 |
INCOME & EXPENSE | |
Loan Income | 175,729 |
Investment Income | 2,986 |
Other Income | 34,673 |
Total Employee Compensation & Benefits | 71,402 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 98,357 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,000 |
Cost of Funds | 25,404 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 30,173 |
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