At Kirtland, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that a strong financial foundation is essential for your peace of mind, and we are proud to share insights into our financial health. Our commitment to maintaining robust finances is evident in our
net worth of $130,504,234. This strong net worth allows us to provide better rates, lower fees, and enhanced services tailored to meet your needs. Additionally, our
net worth ratio of $1,255 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even during uncertain economic times. Members' savings are secured through
$272,239,658 in share certificates and
$225,947,348 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$750,025, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With
$123,662,355 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is significant, with
$7,241 in used auto loans and
$755,418,726 in total loans and leases supporting your financial goals across various sectors. While this year has seen some challenges reflected in our
net income of $-871,781, it showcases our commitment to operational efficiency as we work toward delivering even better products for you. We also take pride in having
155 full-time employees and
10 part-time employees dedicated to serving you with knowledgeable support. Our total share accounts stand at
88,184, indicating a strong and growing member base that trusts us with their finances. This trust enables us to maintain net shares (funds available for lending and investments) of
$0, allowing us to continually invest back into the community. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov, based on the latest results. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Kirtland is your trusted partner. Visit us at 4101 Coors Blvd Nw Ste 102 Albuquerque Nm 87120 or call (505) 254-4369 to learn more about how we can help you achieve your financial goals.
