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BOULDER DAM CREDIT UNION

Sep, 30, 2025 — BOULDER DAM CREDIT UNION is a non-federally insured state credit union headquartered in BOULDER CITY, NV with 1 branch location and about $855.83 million in total assets. Opened 86 years ago in 1940, BOULDER DAM CREDIT UNION has about 19,990 members and employs 46 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BOULDER DAM CREDIT UNION
Address:
(Main Office)
530 AVENUE G
BOULDER CITY, NV 89005
Phone:(702) 293-7777
Fax:(702) 293-0731
Website:https://www.boulderdamcu.org
Branches:1 branch locations
Members:19,990
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:96084
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1940
Last Audited:Apr 01, 2025
FHLB Member:Yes
Low Income Designation:No
Assets:$855,829,730
CEO/Manager:Steele Hendrix
Chairperson:Robert W Merrell

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 108,369,049
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 307,741,369
 Unsecured Loans 6,213,913
 Other Loans 32,240,613
 TOTAL LOANS 347,718,192
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,193,128
 Land And Building 1,119,558
 Other Fixed Assets 102,943
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 0
 All Other Assets 0
  TOTAL ASSETS 855,829,730
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,271,086
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 85,281,816
 Regular shares 607,792,813
 All Other Shares & Deposits 50,117,396
  TOTAL SHARES & DEPOSITS 743,192,024
  TOTAL LIABILITIES 744,463,110
 Regular Reserve 0
 Other Reserves 5,366,109
 Undivided Earnings 106,000,511
  TOTAL EQUITY 111,366,620
  TOTAL LIABILITIES, SHARES, & EQUITY 855,829,730
INCOME & EXPENSE  
 Loan Income 13,239,771
 Investment Income 15,277,867
 Other Income 966,553
 Total Employee Compensation & Benefits 4,861,695
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 3,867,661
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 430,000
 Cost of Funds 12,404,443
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 8,243,767
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