Dec, 31, 2023 — COOPERATIVE EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in ANADARKO, OK with 1 branch location and about $8.66 million in total assets. Opened 57 years ago in 1967, COOPERATIVE EMPLOYEES CREDIT UNION has about 941 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COOPERATIVE EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 701 NE 7th St ANADARKO, OK 73005 |
| Phone: | (405) 247-4522 |
| Fax: | (405) 247-4501 |
| Website: | https://cecuok.com/ |
| Branches: | 1 branch locations |
| Members: | 941 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62502 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,663,073 |
| CEO/Manager: | Jamie Courtney |
| Chairperson: | Travis Goucher |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,082,602 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 182,517 |
| Other Loans | 6,113,936 |
| TOTAL LOANS | 6,296,454 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -40,000 |
| Land And Building | 0 |
| Other Fixed Assets | 15,130 |
| NCUSIF Deposit | 74,222 |
| All Other Assets | 0 |
| TOTAL ASSETS | 8,663,073 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 63,638 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 9,276 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 823,121 |
| Regular shares | 3,868,946 |
| All Other Shares & Deposits | 2,901,155 |
| TOTAL SHARES & DEPOSITS | 7,593,222 |
| TOTAL LIABILITIES | 7,666,136 |
| Regular Reserve | 0 |
| Other Reserves | 362,169 |
| Undivided Earnings | 634,768 |
| TOTAL EQUITY | 996,937 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,663,073 |
| INCOME & EXPENSE | |
| Loan Income | 325,733 |
| Investment Income | 79,871 |
| Other Income | 15,785 |
| Total Employee Compensation & Benefits | 204,539 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 176,177 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -3,151 |
| Cost of Funds | 110,726 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 903 |
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