Jun, 30, 2024 — COLORADO CREDIT UNION is a federally insured state chartered credit union headquartered in LITTLETON, CO with 3 branch locations and about $308.37 million in total assets. Opened 52 years ago in 1973, COLORADO CREDIT UNION has about 21,802 members and employs 65 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COLORADO CREDIT UNION |
|---|---|
| Address: (Main Office) | 10026 W San Juan Way Ste 200 LITTLETON, CO 80127-6345 |
| Phone: | (303) 978-2274 |
| Fax: | (303) 978-2749 |
| Website: | https://www.ccu.org |
| Branches: | 3 branch locations |
| Members: | 21,802 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68443 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1973 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $308,373,344 |
| CEO/Manager: | Michael A Williams |
| Chairperson: | Jeffrey A Hager |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,545,127 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 714,220 |
| Real Estate Loans | 145,309,931 |
| Unsecured Loans | 3,799,764 |
| Other Loans | 78,720,454 |
| TOTAL LOANS | 227,922,456 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -839,057 |
| Land And Building | 7,731,241 |
| Other Fixed Assets | 1,056,723 |
| NCUSIF Deposit | 2,513,653 |
| All Other Assets | 48,335 |
| TOTAL ASSETS | 308,373,344 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,575,508 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 53,991,787 |
| Regular shares | 89,138,517 |
| All Other Shares & Deposits | 134,058,013 |
| TOTAL SHARES & DEPOSITS | 277,188,317 |
| TOTAL LIABILITIES | 280,763,825 |
| Regular Reserve | 0 |
| Other Reserves | -1,620,931 |
| Undivided Earnings | 29,230,450 |
| TOTAL EQUITY | 27,609,519 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 308,373,344 |
| INCOME & EXPENSE | |
| Loan Income | 5,730,572 |
| Investment Income | 743,242 |
| Other Income | 438,585 |
| Total Employee Compensation & Benefits | 3,376,327 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 4,247,817 |
| Non-operating Income & (Expense) | -3,313 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 125,411 |
| Cost of Funds | 742,995 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,886,026 |
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