Dec, 31, 2023 — ROSWELL COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in ROSWELL, NM with 2 branch locations and about $43.58 million in total assets. Opened 71 years ago in 1953, ROSWELL COMMUNITY FEDERAL CREDIT UNION has about 2,717 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: | ROSWELL COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 2514 N Main St ROSWELL, NM 88201 |
Phone: | (575) 623-7788 |
Fax: | (575) 622-2340 |
Website: | https://www.roswellcu.org |
Branches: | 2 branch locations |
Members: | 2,717 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9093 |
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Membership Type: | Community - Rural District |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $43,576,284 |
CEO/Manager: | Karen R Griffo |
Chairperson: | Carol S Smith |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,213,495 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 7,152,657 |
Unsecured Loans | 2,074,163 |
Other Loans | 26,782,922 |
TOTAL LOANS | 36,009,742 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -182,689 |
Land And Building | 1,169,367 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 297,025 |
All Other Assets | 0 |
TOTAL ASSETS | 43,576,284 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 347,847 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,031,940 |
Regular shares | 15,083,862 |
All Other Shares & Deposits | 16,120,292 |
TOTAL SHARES & DEPOSITS | 37,236,095 |
TOTAL LIABILITIES | 37,583,942 |
Regular Reserve | 0 |
Other Reserves | 125,017 |
Undivided Earnings | 5,867,325 |
TOTAL EQUITY | 5,992,342 |
TOTAL LIABILITIES, SHARES, & EQUITY | 43,576,284 |
INCOME & EXPENSE | |
Loan Income | 1,939,125 |
Investment Income | 55,594 |
Other Income | 284,031 |
Total Employee Compensation & Benefits | 673,308 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 630,248 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,000 |
Cost of Funds | 438,737 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 730,107 |
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