Dec, 31, 2021 — BLUE FEDERAL CREDIT UNION is a federal credit union headquartered in CHEYENNE, WY with 20 branch locations and about $1.62 billion in total assets. Opened 71 years ago in 1951, BLUE FEDERAL CREDIT UNION has about 109,778 members and employs 304 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BLUE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2401 E. Pershing Blvd CHEYENNE, WY 82001 |
| Phone: | (307) 829-7612 |
| Fax: | |
| Website: | https://www.bluefcu.com |
| Branches: | 20 branch locations |
| Members: | 109,778 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7361 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,623,664,832 |
| CEO/Manager: | Stephanie Teubner |
| Chairperson: | Raymond Wade |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 44,762,354 |
| TOTAL INVESTMENTS | 158,054,037 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 323,527,922 |
| Unsecured Loans | 86,998,516 |
| Other Loans | 863,573,371 |
| TOTAL LOANS | 1,274,099,809 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,993,810 |
| Land And Building | 60,950,178 |
| Other Fixed Assets | 6,437,811 |
| NCUSIF Deposit | 12,602,821 |
| All Other Assets | 73,751,632 |
| TOTAL ASSETS | 1,623,664,832 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 39,943 |
| Notes & Interest Payable | 45,557,776 |
| Accounts Payable & Other Liabilities | 13,021,213 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 325,908,094 |
| Regular shares | 690,747,408 |
| All Other Shares & Deposits | 408,707,105 |
| TOTAL SHARES & DEPOSITS | 1,425,362,607 |
| TOTAL LIABILITIES | 1,483,981,539 |
| Regular Reserve | 4,824,576 |
| Other Reserves | 25,775,902 |
| Undivided Earnings | 109,082,815 |
| TOTAL EQUITY | 139,683,293 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,623,664,832 |
| INCOME & EXPENSE | |
| Loan Income | 56,239,554 |
| Investment Income | 1,589,709 |
| Other Income | 7,479,256 |
| Total Employee Compensation & Benefits | 22,761,436 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 26,378,071 |
| Non-operating Income & (Expense) | 400 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,684,127 |
| Cost of Funds | 9,677,925 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 13,218,857 |
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