Dec, 31, 2023 — NORTHERN COLORADO CREDIT UNION is a federally insured state chartered credit union headquartered in GREELEY, CO with 2 branch locations and about $78.39 million in total assets. Opened 89 years ago in 1935, NORTHERN COLORADO CREDIT UNION has about 3,304 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NORTHERN COLORADO CREDIT UNION |
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Address: (Main Office) | 2901 S 27TH AVE GREELEY, CO 80631 |
Phone: | (970) 330-3900 |
Fax: | |
Website: | https://www.nococu.org |
Branches: | 2 branch locations |
Members: | 3,304 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 65775 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $78,386,340 |
CEO/Manager: | Meagan Barrett |
Chairperson: | TERRY URISTA |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,394,326 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 28,728,261 |
Unsecured Loans | 1,134,681 |
Other Loans | 13,701,746 |
TOTAL LOANS | 43,564,688 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -293,495 |
Land And Building | 1,866,084 |
Other Fixed Assets | 96,547 |
NCUSIF Deposit | 604,280 |
All Other Assets | 7,558 |
TOTAL ASSETS | 78,386,340 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 247,908 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 8,395,318 |
Regular shares | 16,274,248 |
All Other Shares & Deposits | 46,190,010 |
TOTAL SHARES & DEPOSITS | 70,859,576 |
TOTAL LIABILITIES | 71,107,484 |
Regular Reserve | 0 |
Other Reserves | -442,830 |
Undivided Earnings | 7,721,686 |
TOTAL EQUITY | 7,278,856 |
TOTAL LIABILITIES, SHARES, & EQUITY | 78,386,340 |
INCOME & EXPENSE | |
Loan Income | 2,048,308 |
Investment Income | 504,051 |
Other Income | 272,918 |
Total Employee Compensation & Benefits | 954,436 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 935,736 |
Non-operating Income & (Expense) | 58,869 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 802,469 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 243,810 |
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