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BOULDER DAM CREDIT UNION

Mar, 31, 2021 — BOULDER DAM CREDIT UNION is a non-federally insured state credit union headquartered in BOULDER CITY, NV with 1 branch location and about $817.75 million in total assets. Opened 81 years ago in 1940, BOULDER DAM CREDIT UNION has about 20,667 members and employs 47 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)
PO BOX 61530
BOULDER CITY, NV 89006-1530
Phone:(702) 293-7777
Fax:(702) 293-0731
Website:https://www.boulderdamcu.org
Branches:1 branch locations
Members:20,667
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:Feb 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$817,752,651
CEO/Manager:Eric D Estes
Chairperson:Douglas E Scheppmann

Call Report

  • Commercial Loans
  • Participation Loans
  • Real Estate Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • First Time Homebuyer Program
  • Insurance/Investment Sales
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 104,693,873
TOTAL INVESTMENTS 486,531,382
Loans Held for Sale 0
 
 Real Estate Loans 190,920,824
 Unsecured Loans 4,795,562
 Other Loans 13,608,024
 TOTAL LOANS 212,036,289
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,655,821
 Land And Building 1,098,662
 Other Fixed Assets 0
 NCUSIF Deposit 0
 All Other Assets 15,048,266
  TOTAL ASSETS 817,752,651
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,439,074
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 84,050,381
 Regular shares 583,298,954
 All Other Shares & Deposits 57,223,081
  TOTAL SHARES & DEPOSITS 724,572,416
  TOTAL LIABILITIES 726,011,490
 Regular Reserve 14,330,000
 Other Reserves 6,859,716
 Undivided Earnings 70,551,445
  TOTAL EQUITY 91,741,161
  TOTAL LIABILITIES, SHARES, & EQUITY 817,752,651
INCOME & EXPENSE  
 Loan Income 2,468,680
 Investment Income 1,553,665
 Other Income 278,808
 Total Employee Compensation & Benefits 1,341,032
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,175,087
 Non-operating Income & (Expense) -16,980
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 459,758
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,399,069
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