Sep, 30, 2025 — NUSENDA FEDERAL CREDIT UNION is a federal credit union headquartered in ALBUQUERQUE, NM with 31 branch locations and about $4.83 billion in total assets. Opened 90 years ago in 1936, NUSENDA FEDERAL CREDIT UNION has about 288,896 members and employs 953 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NUSENDA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4100 Pan American FWY NE ALBUQUERQUE, NM 87107 |
| Phone: | (505) 889-7755 |
| Fax: | |
| Website: | https://www.nusenda.org |
| Branches: | 31 branch locations |
| Members: | 288,896 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 948 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $4,826,234,595 |
| CEO/Manager: | Michelle Dearholt |
| Chairperson: | Ralph Wallace |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 133,770,961 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 9,677,693 |
| Real Estate Loans | 1,871,955,120 |
| Unsecured Loans | 253,697,121 |
| Other Loans | 1,251,317,306 |
| TOTAL LOANS | 3,376,969,547 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -39,174,248 |
| Land And Building | 67,630,681 |
| Other Fixed Assets | 18,622,628 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 36,882,423 |
| All Other Assets | 1,512,102 |
| TOTAL ASSETS | 4,826,234,595 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 69,170 |
| Notes & Interest Payable | 125,159,477 |
| Accounts Payable & Other Liabilities | 59,058,537 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,097,529,223 |
| Regular shares | 1,396,076,344 |
| All Other Shares & Deposits | 1,721,390,320 |
| TOTAL SHARES & DEPOSITS | 4,214,995,886 |
| TOTAL LIABILITIES | 4,399,283,070 |
| Regular Reserve | 0 |
| Other Reserves | -938,461 |
| Undivided Earnings | 427,889,986 |
| TOTAL EQUITY | 426,951,525 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,826,234,595 |
| INCOME & EXPENSE | |
| Loan Income | 157,524,390 |
| Investment Income | 44,663,333 |
| Other Income | 15,008,598 |
| Total Employee Compensation & Benefits | 69,219,223 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 62,788,173 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,295,449 |
| Cost of Funds | 74,771,288 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 20,080,544 |
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