Mar, 31, 2022 — NUSENDA FEDERAL CREDIT UNION is a federal credit union headquartered in ALBUQUERQUE, NM with 20 branch locations and about $3.89 billion in total assets. Opened 86 years ago in 1936, NUSENDA FEDERAL CREDIT UNION has about 239,681 members and employs 722 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: | http://www.nusenda.org |
| Branches: | 20 branch locations |
| Members: | 239,681 |
| 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: | $3,887,988,896 |
| CEO/Manager: | Joe Christian |
| Chairperson: | John Landis |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 389,664,977 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 15,294,967 |
| Real Estate Loans | 981,930,281 |
| Unsecured Loans | 194,886,575 |
| Other Loans | 1,157,553,619 |
| TOTAL LOANS | 2,334,370,475 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,039,226 |
| Land And Building | 54,160,690 |
| Other Fixed Assets | 13,679,701 |
| NCUSIF Deposit | 29,118,053 |
| All Other Assets | 356,219 |
| TOTAL ASSETS | 3,887,988,896 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7,889 |
| Notes & Interest Payable | 675,266 |
| Accounts Payable & Other Liabilities | 50,020,328 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 924,358,525 |
| Regular shares | 1,574,443,967 |
| All Other Shares & Deposits | 999,214,554 |
| TOTAL SHARES & DEPOSITS | 3,498,017,046 |
| TOTAL LIABILITIES | 3,548,720,529 |
| Regular Reserve | 0 |
| Other Reserves | -8,037,605 |
| Undivided Earnings | 347,305,972 |
| TOTAL EQUITY | 339,268,367 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,887,988,896 |
| INCOME & EXPENSE | |
| Loan Income | 22,748,706 |
| Investment Income | 2,810,122 |
| Other Income | 4,876,248 |
| Total Employee Compensation & Benefits | 14,517,702 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 13,594,072 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -140,000 |
| Cost of Funds | 2,925,886 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,739,892 |
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