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CLARK COUNTY CREDIT UNION

Mar, 31, 2021 — CLARK COUNTY CREDIT UNION is a non-federally insured state credit union headquartered in LAS VEGAS, NV with 6 branch locations and about $1.06 billion in total assets. Opened 70 years ago in 1951, CLARK COUNTY CREDIT UNION has about 48,005 members and employs 191 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CLARK COUNTY CREDIT UNION
Address:
(Main Office)
PO BOX 36490
LAS VEGAS, NV 89133
Phone:(702) 228-2228
Fax:
Website:http://www.ccculv.org
Branches:6 branch locations
Members:48,005
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:86752
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1951
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$1,062,861,694
CEO/Manager:MATT KERSHAW
Chairperson:ERIC JORGENSON

Call Report

  • Commercial Loans
  • Interest Only or Payment Option 1st Mortgage Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 253,704,173
TOTAL INVESTMENTS 178,475,824
Loans Held for Sale 4,345,100
 
 Real Estate Loans 301,161,403
 Unsecured Loans 19,956,427
 Other Loans 270,089,504
 TOTAL LOANS 591,207,334
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,641,713
 Land And Building 12,409,378
 Other Fixed Assets 2,222,226
 NCUSIF Deposit 0
 All Other Assets 29,139,372
  TOTAL ASSETS 1,062,861,694
LIABILITIES & CAPITAL:  
 Dividends Payable 604,425
 Notes & Interest Payable 5,000,000
 Accounts Payable & Other Liabilities 8,664,457
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 190,348,819
 Regular shares 366,500,603
 All Other Shares & Deposits 370,854,409
  TOTAL SHARES & DEPOSITS 927,703,831
  TOTAL LIABILITIES 941,972,713
 Regular Reserve 70,906,603
 Other Reserves 6,096,694
 Undivided Earnings 43,885,684
  TOTAL EQUITY 120,888,981
  TOTAL LIABILITIES, SHARES, & EQUITY 1,062,861,694
INCOME & EXPENSE  
 Loan Income 7,227,087
 Investment Income 1,078,212
 Other Income 1,510,052
 Total Employee Compensation & Benefits 4,020,342
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,718,746
 Non-operating Income & (Expense) 326,706
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 64,606
 Cost of Funds 1,099,407
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,163,899
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