Sep, 30, 2025 — HIGH DESERT COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in AZTEC, NM with 1 branch location and about $16.80 million in total assets. Opened 70 years ago in 1956, HIGH DESERT COMMUNITY CREDIT UNION has about 1,952 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HIGH DESERT COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 321 S Main Ave AZTEC, NM 87410-2124 |
| Phone: | (505) 334-3047 |
| Fax: | (877) 645-6258 |
| Website: | https://www.highdesertcu.org |
| Branches: | 1 branch locations |
| Members: | 1,952 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66185 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $16,802,921 |
| CEO/Manager: | Liz Rusk |
| Chairperson: | Jolee K Arellano |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 637,613 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,723,429 |
| Unsecured Loans | 177,561 |
| Other Loans | 5,681,433 |
| TOTAL LOANS | 9,169,705 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -174,263 |
| Land And Building | 392,089 |
| Other Fixed Assets | 29,707 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 144,110 |
| All Other Assets | 0 |
| TOTAL ASSETS | 16,802,921 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 20,707 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 239,590 |
| Regular shares | 7,969,054 |
| All Other Shares & Deposits | 6,323,470 |
| TOTAL SHARES & DEPOSITS | 14,532,115 |
| TOTAL LIABILITIES | 14,552,822 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,250,099 |
| TOTAL EQUITY | 2,250,099 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 16,802,921 |
| INCOME & EXPENSE | |
| Loan Income | 437,584 |
| Investment Income | 214,323 |
| Other Income | 66,260 |
| Total Employee Compensation & Benefits | 222,764 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 252,352 |
| Non-operating Income & (Expense) | 14,919 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 73,507 |
| Cost of Funds | 177,276 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,187 |
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