Dec, 31, 2023 — NEBRASKA STATE EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in LINCOLN, NE with 1 branch location and about $31.59 million in total assets. Opened 83 years ago in 1941, NEBRASKA STATE EMPLOYEES CREDIT UNION has about 3,129 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NEBRASKA STATE EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 330 S 16th St LINCOLN, NE 68508 |
| Phone: | (402) 471-2561 |
| Fax: | (402) 471-2869 |
| Website: | https://www.nsecu.org |
| Branches: | 1 branch locations |
| Members: | 3,129 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65816 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $31,593,463 |
| CEO/Manager: | Joshua A Baldwin |
| Chairperson: | John Shelton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,034,739 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,695,112 |
| Unsecured Loans | 916,935 |
| Other Loans | 7,568,508 |
| TOTAL LOANS | 12,180,555 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,609 |
| Land And Building | 175,641 |
| Other Fixed Assets | 51,834 |
| NCUSIF Deposit | 297,893 |
| All Other Assets | 0 |
| TOTAL ASSETS | 31,593,463 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 140,547 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,177,013 |
| Regular shares | 17,444,834 |
| All Other Shares & Deposits | 6,357,824 |
| TOTAL SHARES & DEPOSITS | 27,979,671 |
| TOTAL LIABILITIES | 28,120,218 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,473,245 |
| TOTAL EQUITY | 3,473,245 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 31,593,463 |
| INCOME & EXPENSE | |
| Loan Income | 653,826 |
| Investment Income | 559,523 |
| Other Income | 58,043 |
| Total Employee Compensation & Benefits | 404,731 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 412,029 |
| Non-operating Income & (Expense) | -106 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,288 |
| Cost of Funds | 105,175 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 400,646 |
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