Dec, 31, 2023 — VUE COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in BISMARCK, ND with 2 branch locations and about $97.12 million in total assets. Opened 63 years ago in 1961, VUE COMMUNITY CREDIT UNION has about 3,656 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | VUE COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 818 E Main Ave BISMARCK, ND 58501-4526 |
| Phone: | (701) 223-6533 |
| Fax: | (701) 224-0124 |
| Website: | https://www.vueccu.com |
| Branches: | 2 branch locations |
| Members: | 3,656 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64408 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $97,120,089 |
| CEO/Manager: | Steve DeLap |
| Chairperson: | Dan Durkee |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,812,297 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 155,200 |
| Real Estate Loans | 33,062,375 |
| Unsecured Loans | 1,038,423 |
| Other Loans | 28,049,034 |
| TOTAL LOANS | 62,191,720 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -207,777 |
| Land And Building | 3,700,448 |
| Other Fixed Assets | 509,080 |
| NCUSIF Deposit | 721,224 |
| All Other Assets | 0 |
| TOTAL ASSETS | 97,120,089 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 18 |
| Notes & Interest Payable | 2,500,000 |
| Accounts Payable & Other Liabilities | 467,731 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 18,146,838 |
| Regular shares | 30,021,444 |
| All Other Shares & Deposits | 35,497,086 |
| TOTAL SHARES & DEPOSITS | 83,665,367 |
| TOTAL LIABILITIES | 86,638,487 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 10,481,602 |
| TOTAL EQUITY | 10,481,602 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 97,120,089 |
| INCOME & EXPENSE | |
| Loan Income | 2,993,918 |
| Investment Income | 671,609 |
| Other Income | 463,231 |
| Total Employee Compensation & Benefits | 1,211,100 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,365,409 |
| Non-operating Income & (Expense) | 480 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,823 |
| Cost of Funds | 1,220,163 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 382,139 |
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