Sep, 30, 2022 — NUSENDA FEDERAL CREDIT UNION is a federal credit union headquartered in ALBUQUERQUE, NM with 20 branch locations and about $3.97 billion in total assets. Opened 87 years ago in 1936, NUSENDA FEDERAL CREDIT UNION has about 248,030 members and employs 709 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: | 20 branch locations |
| Members: | 248,030 |
| 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, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $3,974,045,180 |
| CEO/Manager: | Joe Christian |
| Chairperson: | John Landis |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 140,145,615 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 11,044,328 |
| Real Estate Loans | 1,044,502,634 |
| Unsecured Loans | 202,720,013 |
| Other Loans | 1,284,210,480 |
| TOTAL LOANS | 2,531,433,127 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,784,754 |
| Land And Building | 54,384,032 |
| Other Fixed Assets | 14,061,311 |
| NCUSIF Deposit | 30,803,094 |
| All Other Assets | 436,865 |
| TOTAL ASSETS | 3,974,045,180 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 9,205 |
| Notes & Interest Payable | 625,747 |
| Accounts Payable & Other Liabilities | 48,481,974 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 957,496,216 |
| Regular shares | 1,599,979,883 |
| All Other Shares & Deposits | 1,012,907,225 |
| TOTAL SHARES & DEPOSITS | 3,570,383,324 |
| TOTAL LIABILITIES | 3,619,500,250 |
| Regular Reserve | 0 |
| Other Reserves | -7,601,357 |
| Undivided Earnings | 362,146,287 |
| TOTAL EQUITY | 354,544,930 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,974,045,180 |
| INCOME & EXPENSE | |
| Loan Income | 72,065,539 |
| Investment Income | 17,814,119 |
| Other Income | 14,293,351 |
| Total Employee Compensation & Benefits | 44,178,726 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 42,655,908 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,601,000 |
| Cost of Funds | 15,573,506 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 24,580,200 |
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