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SPACE AGE FEDERAL CREDIT UNION

Dec, 31, 2023 — SPACE AGE FEDERAL CREDIT UNION is a federal credit union headquartered in Aurora, CO with 2 branch locations and about $182.34 million in total assets. Opened 72 years ago in 1952, SPACE AGE FEDERAL CREDIT UNION has about 16,487 members and employs 35 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SPACE AGE FEDERAL CREDIT UNION
Address:
(Main Office)
3033 S. Parker Rd., Tower 1, Suite
Aurora, CO 80014
Phone:(303) 369-7666
Fax:(303) 369-0876
Website:https://www.spaceagefcu.coop
Branches:2 branch locations
Members:16,487
Credit Union Type:Federal Credit Union
Charter Number:8029
Membership Type:Multiple common bond - Primarily military
Corporate Credit Union:No
Year Opened:1952
Last Audited:Sep 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$182,342,935
CEO/Manager:John Uchida
Chairperson:LC Williams

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,606,230
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 27,571,664
 Unsecured Loans 5,717,987
 Other Loans 116,885,476
 TOTAL LOANS 150,175,127
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -459,519
 Land And Building 448,049
 Other Fixed Assets 2,289,856
 NCUSIF Deposit 1,499,582
 All Other Assets 262,236
  TOTAL ASSETS 182,342,935
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 3,000,000
 Accounts Payable & Other Liabilities 2,211,021
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 35,592,544
 Regular shares 72,277,541
 All Other Shares & Deposits 55,685,572
  TOTAL SHARES & DEPOSITS 163,555,657
  TOTAL LIABILITIES 168,766,678
 Regular Reserve 0
 Other Reserves 2,877,235
 Undivided Earnings 10,699,022
  TOTAL EQUITY 13,576,257
  TOTAL LIABILITIES, SHARES, & EQUITY 182,342,935
INCOME & EXPENSE  
 Loan Income 3,783,432
 Investment Income 228,514
 Other Income 493,905
 Total Employee Compensation & Benefits 2,474,249
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,231,205
 Non-operating Income & (Expense) 14,427
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 20,000
 Cost of Funds 218,453
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 114,640
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