Jun, 30, 2024 — DENVER COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in DENVER, CO with 5 branch locations and about $448.18 million in total assets. Opened 90 years ago in 1934, DENVER COMMUNITY CREDIT UNION has about 36,982 members and employs 96 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 |
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Address: (Main Office) | 1075 Acoma St DENVER, CO 80204-4034 |
Phone: | (303) 573-1170 |
Fax: | (303) 626-0750 |
Website: | https://www.denvercommunity.coop |
Branches: | 5 branch locations |
Members: | 36,982 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68616 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $448,179,344 |
CEO/Manager: | Shane Silvernale |
Chairperson: | Morris Murray |
ASSETS: | $ Amount |
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Cash & Equivalents | 39,504,288 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 88,315,795 |
Unsecured Loans | 16,453,918 |
Other Loans | 197,183,194 |
TOTAL LOANS | 301,952,907 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,275,567 |
Land And Building | 7,317,097 |
Other Fixed Assets | 275,180 |
NCUSIF Deposit | 3,629,075 |
All Other Assets | 91,715 |
TOTAL ASSETS | 448,179,344 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,174,925 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 97,788,261 |
Regular shares | 134,191,311 |
All Other Shares & Deposits | 168,269,337 |
TOTAL SHARES & DEPOSITS | 400,248,909 |
TOTAL LIABILITIES | 404,423,834 |
Regular Reserve | 0 |
Other Reserves | -713,409 |
Undivided Earnings | 44,468,919 |
TOTAL EQUITY | 43,755,510 |
TOTAL LIABILITIES, SHARES, & EQUITY | 448,179,344 |
INCOME & EXPENSE | |
Loan Income | 8,314,038 |
Investment Income | 1,031,137 |
Other Income | 2,004,961 |
Total Employee Compensation & Benefits | 6,107,767 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 6,626,676 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 78,835 |
Cost of Funds | 850,375 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,283,016 |
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