Dec, 31, 2023 — CHEYENNE-LARAMIE COUNTY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in CHEYENNE, WY with 2 branch locations and about $29.72 million in total assets. Opened 73 years ago in 1951, CHEYENNE-LARAMIE COUNTY EMPLOYEES FEDERAL CREDIT UNION has about 2,066 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CHEYENNE-LARAMIE COUNTY EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 4523 Driftwood Dr CHEYENNE, WY 82009-7301 |
Phone: | (307) 638-6476 |
Fax: | (307) 635-1400 |
Website: | https://www.clcefcu.org |
Branches: | 2 branch locations |
Members: | 2,066 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7307 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1951 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $29,720,520 |
CEO/Manager: | Terri McLees |
Chairperson: | David Guille |
ASSETS: | $ Amount |
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Cash & Equivalents | 10,037,766 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,383 |
Unsecured Loans | 843,348 |
Other Loans | 4,374,453 |
TOTAL LOANS | 5,219,186 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -32,490 |
Land And Building | 489,780 |
Other Fixed Assets | 37,162 |
NCUSIF Deposit | 275,835 |
All Other Assets | 0 |
TOTAL ASSETS | 29,720,520 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 266,813 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,270,649 |
Regular shares | 12,007,726 |
All Other Shares & Deposits | 7,567,102 |
TOTAL SHARES & DEPOSITS | 25,845,478 |
TOTAL LIABILITIES | 26,112,291 |
Regular Reserve | 0 |
Other Reserves | 689,886 |
Undivided Earnings | 2,918,343 |
TOTAL EQUITY | 3,608,229 |
TOTAL LIABILITIES, SHARES, & EQUITY | 29,720,520 |
INCOME & EXPENSE | |
Loan Income | 299,385 |
Investment Income | 915,065 |
Other Income | 91,550 |
Total Employee Compensation & Benefits | 332,621 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 492,029 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,286 |
Cost of Funds | 31,197 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 600,328 |
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