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ARCHER COOPERATIVE CREDIT UNION

Sep, 30, 2025 — ARCHER COOPERATIVE CREDIT UNION is a federally insured state chartered credit union headquartered in ARCHER, NE with 4 branch locations and about $104.13 million in total assets. Opened 42 years ago in 1984, ARCHER COOPERATIVE CREDIT UNION has about 4,857 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ARCHER COOPERATIVE CREDIT UNION
Address:
(Main Office)
2121 Archer Rd
ARCHER, NE 68816
Phone:(308) 795-2204
Fax:(308) 795-2266
Website:https://www.archerccu.com
Branches:4 branch locations
Members:4,857
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66270
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1984
Last Audited:Sep 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$104,134,749
CEO/Manager:Michael Kezeor
Chairperson:Verlen Larsen

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,255,368
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 50,667,605
 Unsecured Loans 743,467
 Other Loans 32,188,845
 TOTAL LOANS 87,486,329
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,618,379
 Land And Building 2,921,216
 Other Fixed Assets 311,960
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 768,894
 All Other Assets 0
  TOTAL ASSETS 104,134,749
LIABILITIES & CAPITAL:  
 Dividends Payable 207,591
 Notes & Interest Payable 8,000,000
 Accounts Payable & Other Liabilities 916,833
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 22,786,097
 Regular shares 19,734,268
 All Other Shares & Deposits 42,354,941
  TOTAL SHARES & DEPOSITS 84,875,306
  TOTAL LIABILITIES 93,999,730
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 10,135,019
  TOTAL EQUITY 10,135,019
  TOTAL LIABILITIES, SHARES, & EQUITY 104,134,749
INCOME & EXPENSE  
 Loan Income 4,382,682
 Investment Income 230,929
 Other Income 405,873
 Total Employee Compensation & Benefits 1,786,296
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 1,010,212
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 328,800
 Cost of Funds 1,419,205
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 810,463
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