Dec, 31, 2023 — CONSUMERS COOPERATIVE FEDERAL CREDIT UNION is a federal credit union headquartered in ALLIANCE, NE with 1 branch location and about $38.21 million in total assets. Opened 74 years ago in 1950, CONSUMERS COOPERATIVE FEDERAL CREDIT UNION has about 3,240 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CONSUMERS COOPERATIVE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 217 Toluca Ave ALLIANCE, NE 69301 |
| Phone: | (308) 762-1871 |
| Fax: | (308) 762-1876 |
| Website: | https://www.ccfcuonline.com |
| Branches: | 1 branch locations |
| Members: | 3,240 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6974 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Jan 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $38,208,408 |
| CEO/Manager: | Betsy Marsteller |
| Chairperson: | SHAWN NELSON |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,373,352 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,925,457 |
| Unsecured Loans | 2,336,399 |
| Other Loans | 23,516,326 |
| TOTAL LOANS | 27,778,182 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -398,430 |
| Land And Building | 24,554 |
| Other Fixed Assets | 28,850 |
| NCUSIF Deposit | 302,732 |
| All Other Assets | 0 |
| TOTAL ASSETS | 38,208,408 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 183,843 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 111,448 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,422,117 |
| Regular shares | 12,518,206 |
| All Other Shares & Deposits | 13,269,730 |
| TOTAL SHARES & DEPOSITS | 29,210,053 |
| TOTAL LIABILITIES | 29,505,344 |
| Regular Reserve | 0 |
| Other Reserves | 264,087 |
| Undivided Earnings | 8,438,977 |
| TOTAL EQUITY | 8,703,064 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 38,208,408 |
| INCOME & EXPENSE | |
| Loan Income | 1,676,523 |
| Investment Income | 366,585 |
| Other Income | 507,264 |
| Total Employee Compensation & Benefits | 524,232 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 554,207 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 120,000 |
| Cost of Funds | 682,647 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 669,286 |
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