Sep, 30, 2025 — LOCO CREDIT UNION is a federally insured state chartered credit union headquartered in ALAMOGORDO, NM with 1 branch location and about $66.18 million in total assets. Opened 73 years ago in 1953, LOCO CREDIT UNION has about 4,224 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: | LOCO CREDIT UNION |
|---|---|
| Address: (Main Office) | 808 Washington Ave ALAMOGORDO, NM 88310-5166 |
| Phone: | (575) 437-3110 |
| Fax: | (575) 437-5646 |
| Website: | https://www.lococreditunion.com |
| Branches: | 1 branch locations |
| Members: | 4,224 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66117 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $66,175,612 |
| CEO/Manager: | Deanna Schlensig |
| Chairperson: | Gerald R Wheeler |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,744,363 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 23,096 |
| Unsecured Loans | 2,995,564 |
| Other Loans | 23,798,858 |
| TOTAL LOANS | 26,817,519 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -667,622 |
| Land And Building | 1,162,204 |
| Other Fixed Assets | 74,296 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 494,950 |
| All Other Assets | 283,792 |
| TOTAL ASSETS | 66,175,612 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 41,219 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 667,038 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,827,703 |
| Regular shares | 23,372,441 |
| All Other Shares & Deposits | 24,131,574 |
| TOTAL SHARES & DEPOSITS | 57,331,719 |
| TOTAL LIABILITIES | 58,039,976 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 8,135,636 |
| TOTAL EQUITY | 8,135,636 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 66,175,612 |
| INCOME & EXPENSE | |
| Loan Income | 1,811,491 |
| Investment Income | 553,256 |
| Other Income | 295,531 |
| Total Employee Compensation & Benefits | 739,756 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,173,566 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 655,500 |
| Cost of Funds | 616,776 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -237,526 |
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