Dec, 31, 2023 — DENVER COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in DENVER, CO with 5 branch locations and about $417.11 million in total assets. Opened 90 years ago in 1934, DENVER COMMUNITY CREDIT UNION has about 36,743 members and employs 85 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DENVER COMMUNITY CREDIT UNION |
---|---|
Address: (Main Office) | 3299 W Alameda Ave DENVER, CO 80219 |
Phone: | (303) 936-2299 |
Fax: | (303) 935-4472 |
Website: | https://www.myzing.com |
Branches: | 5 branch locations |
Members: | 36,743 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68616 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $417,106,455 |
CEO/Manager: | Shane Silvernale |
Chairperson: | Andrew C Blunt |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 47,183,500 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 97,094,545 |
Unsecured Loans | 17,004,345 |
Other Loans | 155,603,506 |
TOTAL LOANS | 269,702,396 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,442,685 |
Land And Building | 12,740,655 |
Other Fixed Assets | 276,233 |
NCUSIF Deposit | 3,417,647 |
All Other Assets | 176,069 |
TOTAL ASSETS | 417,106,455 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 7,770,334 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 87,305,712 |
Regular shares | 113,949,251 |
All Other Shares & Deposits | 162,209,046 |
TOTAL SHARES & DEPOSITS | 363,464,009 |
TOTAL LIABILITIES | 371,277,888 |
Regular Reserve | 0 |
Other Reserves | -1,902,374 |
Undivided Earnings | 47,730,941 |
TOTAL EQUITY | 45,828,567 |
TOTAL LIABILITIES, SHARES, & EQUITY | 417,106,455 |
INCOME & EXPENSE | |
Loan Income | 12,739,898 |
Investment Income | 2,859,150 |
Other Income | 2,768,893 |
Total Employee Compensation & Benefits | 7,893,664 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 9,382,078 |
Non-operating Income & (Expense) | 24,410 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 629,328 |
Cost of Funds | 4,264,856 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 401,290 |
↑ Back to Top |