Dec, 31, 2023 — CLARK COUNTY CREDIT UNION is a non-federally insured state credit union headquartered in LAS VEGAS, NV with 6 branch locations and about $1.17 billion in total assets. Opened 73 years ago in 1951, CLARK COUNTY CREDIT UNION has about 52,005 members and employs 202 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) | 2625 N TENAYA WAY LAS VEGAS, NV 89128-0427 |
| Phone: | (702) 228-2228 |
| Fax: | |
| Website: | https://www.ccculv.org |
| Branches: | 6 branch locations |
| Members: | 52,005 |
| 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, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,172,632,791 |
| CEO/Manager: | MATT KERSHAW |
| Chairperson: | DOUG SPRING |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 98,787,387 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 483,822,236 |
| Unsecured Loans | 27,502,012 |
| Other Loans | 326,131,252 |
| TOTAL LOANS | 844,308,994 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,390,197 |
| Land And Building | 13,963,560 |
| Other Fixed Assets | 3,176,662 |
| NCUSIF Deposit | 0 |
| All Other Assets | 244,882 |
| TOTAL ASSETS | 1,172,632,791 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,407,768 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,186,334 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 204,734,489 |
| Regular shares | 308,860,949 |
| All Other Shares & Deposits | 509,715,072 |
| TOTAL SHARES & DEPOSITS | 1,023,310,508 |
| TOTAL LIABILITIES | 1,039,156,672 |
| Regular Reserve | 0 |
| Other Reserves | 64,243,446 |
| Undivided Earnings | 69,232,673 |
| TOTAL EQUITY | 133,476,119 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,172,632,791 |
| INCOME & EXPENSE | |
| Loan Income | 45,515,858 |
| Investment Income | 8,038,905 |
| Other Income | 4,710,539 |
| Total Employee Compensation & Benefits | 18,895,489 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 15,871,631 |
| Non-operating Income & (Expense) | 15,678 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,072,726 |
| Cost of Funds | 14,388,617 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 13,251,988 |
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