Dec, 31, 2023 — SHERIDAN COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in SHERIDAN, WY with 1 branch location and about $80.59 million in total assets. Opened 83 years ago in 1941, SHERIDAN COMMUNITY FEDERAL CREDIT UNION has about 6,514 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SHERIDAN COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 141 S Gould St SHERIDAN, WY 82801 |
Phone: | (307) 672-3445 |
Fax: | (307) 672-9459 |
Website: | https://www.sheridancreditunion.com |
Branches: | 1 branch locations |
Members: | 6,514 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 4374 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1941 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $80,591,410 |
CEO/Manager: | Todd Hilling |
Chairperson: | Ward Cotton |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,692,924 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 306,363 |
Unsecured Loans | 15,141,742 |
Other Loans | 59,170,898 |
TOTAL LOANS | 74,619,003 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,070,565 |
Land And Building | 562,884 |
Other Fixed Assets | 28,750 |
NCUSIF Deposit | 705,858 |
All Other Assets | 0 |
TOTAL ASSETS | 80,591,410 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 89,529 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -15,101 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 25,704,698 |
Regular shares | 22,468,599 |
All Other Shares & Deposits | 23,891,257 |
TOTAL SHARES & DEPOSITS | 72,064,554 |
TOTAL LIABILITIES | 72,138,982 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 8,452,428 |
TOTAL EQUITY | 8,452,428 |
TOTAL LIABILITIES, SHARES, & EQUITY | 80,591,410 |
INCOME & EXPENSE | |
Loan Income | 3,892,765 |
Investment Income | 308,922 |
Other Income | 426,377 |
Total Employee Compensation & Benefits | 923,645 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,141,360 |
Non-operating Income & (Expense) | 12,831 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,490,584 |
Cost of Funds | 992,719 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -338,313 |
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