Dec, 31, 2023 — BOULDER DAM CREDIT UNION is a non-federally insured state credit union headquartered in BOULDER CITY, NV with 1 branch location and about $808.42 million in total assets. Opened 84 years ago in 1940, BOULDER DAM CREDIT UNION has about 20,274 members and employs 45 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 |
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Address: (Main Office) | 530 AVENUE G BOULDER CITY, NV 89005 |
Phone: | (702) 293-7777 |
Fax: | (702) 293-0731 |
Website: | https://www.boulderdamcu.org |
Branches: | 1 branch locations |
Members: | 20,274 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 96084 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1940 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $808,422,620 |
CEO/Manager: | Steele Hendrix |
Chairperson: | Douglas E Scheppmann |
ASSETS: | $ Amount |
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Cash & Equivalents | 62,056,032 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 241,277,063 |
Unsecured Loans | 5,341,784 |
Other Loans | 24,359,427 |
TOTAL LOANS | 272,307,910 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,131,792 |
Land And Building | 1,098,662 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 808,422,620 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,210,980 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 88,876,875 |
Regular shares | 584,733,801 |
All Other Shares & Deposits | 49,634,688 |
TOTAL SHARES & DEPOSITS | 723,245,364 |
TOTAL LIABILITIES | 724,456,344 |
Regular Reserve | 0 |
Other Reserves | -3,901,664 |
Undivided Earnings | 87,867,940 |
TOTAL EQUITY | 83,966,276 |
TOTAL LIABILITIES, SHARES, & EQUITY | 808,422,620 |
INCOME & EXPENSE | |
Loan Income | 11,802,912 |
Investment Income | 21,572,107 |
Other Income | 1,209,608 |
Total Employee Compensation & Benefits | 6,003,288 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 6,496,873 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 15,713,343 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 6,946,668 |
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