SWEETWATER FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.sweetwaterfcu.coop for more information.
Dec, 31, 2023 — SWEETWATER FEDERAL CREDIT UNION is a federal credit union headquartered in ROCK SPRINGS, WY with 1 branch location and about $22.05 million in total assets. Opened 64 years ago in 1960, SWEETWATER FEDERAL CREDIT UNION has about 1,519 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SWEETWATER FEDERAL CREDIT UNION |
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Address: (Main Office) | 2611 FOOTHILL BLVD ROCK SPRINGS, WY 82901 |
Phone: | (307) 382-2227 |
Fax: | (307) 382-8674 |
Website: | https://www.sweetwaterfcu.coop |
Branches: | 1 branch locations |
Members: | 1,519 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13600 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Jun 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $22,048,780 |
CEO/Manager: | CANDISE TAYLOR |
Chairperson: | MICHAEL LOWELL |
ASSETS: | $ Amount |
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Cash & Equivalents | 197,673 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,954,314 |
Unsecured Loans | 415,524 |
Other Loans | 4,820,171 |
TOTAL LOANS | 7,190,009 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -85,978 |
Land And Building | 1,357,213 |
Other Fixed Assets | 91,882 |
NCUSIF Deposit | 198,918 |
All Other Assets | 0 |
TOTAL ASSETS | 22,048,780 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 25,601 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,154,896 |
Regular shares | 15,459,881 |
All Other Shares & Deposits | 1,490,417 |
TOTAL SHARES & DEPOSITS | 20,105,194 |
TOTAL LIABILITIES | 20,130,795 |
Regular Reserve | 0 |
Other Reserves | 517,827 |
Undivided Earnings | 1,400,158 |
TOTAL EQUITY | 1,917,985 |
TOTAL LIABILITIES, SHARES, & EQUITY | 22,048,780 |
INCOME & EXPENSE | |
Loan Income | 243,571 |
Investment Income | 150,631 |
Other Income | 62,939 |
Total Employee Compensation & Benefits | 217,293 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 337,555 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 30,568 |
Cost of Funds | 20,444 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -68,769 |
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