Dec, 31, 2023 — VUE COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in BISMARCK, ND with 2 branch locations and about $97.12 million in total assets. Opened 63 years ago in 1961, VUE COMMUNITY CREDIT UNION has about 3,656 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | VUE COMMUNITY CREDIT UNION |
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Address: (Main Office) | 818 E Main Ave BISMARCK, ND 58501-4526 |
Phone: | (701) 223-6533 |
Fax: | (701) 224-0124 |
Website: | https://www.vueccu.com |
Branches: | 2 branch locations |
Members: | 3,656 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64408 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1961 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $97,120,089 |
CEO/Manager: | Steve DeLap |
Chairperson: | Dan Durkee |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,812,297 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 155,200 |
Real Estate Loans | 33,062,375 |
Unsecured Loans | 1,038,423 |
Other Loans | 28,049,034 |
TOTAL LOANS | 62,191,720 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -207,777 |
Land And Building | 3,700,448 |
Other Fixed Assets | 509,080 |
NCUSIF Deposit | 721,224 |
All Other Assets | 0 |
TOTAL ASSETS | 97,120,089 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 18 |
Notes & Interest Payable | 2,500,000 |
Accounts Payable & Other Liabilities | 467,731 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 18,146,838 |
Regular shares | 30,021,444 |
All Other Shares & Deposits | 35,497,086 |
TOTAL SHARES & DEPOSITS | 83,665,367 |
TOTAL LIABILITIES | 86,638,487 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 10,481,602 |
TOTAL EQUITY | 10,481,602 |
TOTAL LIABILITIES, SHARES, & EQUITY | 97,120,089 |
INCOME & EXPENSE | |
Loan Income | 2,993,918 |
Investment Income | 671,609 |
Other Income | 463,231 |
Total Employee Compensation & Benefits | 1,211,100 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,365,409 |
Non-operating Income & (Expense) | 480 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,823 |
Cost of Funds | 1,220,163 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 382,139 |
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