Dec, 31, 2023 — SANTA FE FEDERAL CREDIT UNION is a federal credit union headquartered in AMARILLO, TX with 4 branch locations and about $209.98 million in total assets. Opened 69 years ago in 1955, SANTA FE FEDERAL CREDIT UNION has about 13,378 members and employs 48 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SANTA FE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7600 Hillside Rd AMARILLO, TX 79119 |
| Phone: | (806) 373-0736 |
| Fax: | (806) 373-0767 |
| Website: | https://www.santafefcu.com |
| Branches: | 4 branch locations |
| Members: | 13,378 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9971 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Oct 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $209,975,512 |
| CEO/Manager: | Steven N Adee |
| Chairperson: | Dennis K Mustoe |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 25,543,366 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,698,937 |
| Unsecured Loans | 5,195,284 |
| Other Loans | 108,795,202 |
| TOTAL LOANS | 132,689,423 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,376,741 |
| Land And Building | 6,050,603 |
| Other Fixed Assets | 562,633 |
| NCUSIF Deposit | 1,613,669 |
| All Other Assets | 0 |
| TOTAL ASSETS | 209,975,512 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 350 |
| Notes & Interest Payable | 3,333,333 |
| Accounts Payable & Other Liabilities | 2,652,155 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 16,160,948 |
| Regular shares | 64,046,884 |
| All Other Shares & Deposits | 100,112,660 |
| TOTAL SHARES & DEPOSITS | 180,320,492 |
| TOTAL LIABILITIES | 186,306,330 |
| Regular Reserve | 0 |
| Other Reserves | 1,494,679 |
| Undivided Earnings | 22,174,503 |
| TOTAL EQUITY | 23,669,182 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 209,975,512 |
| INCOME & EXPENSE | |
| Loan Income | 8,045,400 |
| Investment Income | 1,462,849 |
| Other Income | 961,873 |
| Total Employee Compensation & Benefits | 3,410,321 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,102,642 |
| Non-operating Income & (Expense) | 15,264 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 741,152 |
| Cost of Funds | 4,112,421 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,940,962 |
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