Dec, 31, 2023 — OUACHITA VALLEY HEALTH SYSTEM FEDERAL CREDIT UNION is a federal credit union headquartered in CAMDEN, AR with 1 branch location and about $335,022 in total assets. Opened 66 years ago in 1958, OUACHITA VALLEY HEALTH SYSTEM FEDERAL CREDIT UNION has about 211 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | OUACHITA VALLEY HEALTH SYSTEM FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 638 California Ave SW CAMDEN, AR 71701-4604 |
| Phone: | (870) 836-1405 |
| Fax: | (870) 836-1358 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 211 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12527 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $335,022 |
| CEO/Manager: | Chris Abbott |
| Chairperson: | Bobby Tutor |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 135,583 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 72,878 |
| Other Loans | 25,842 |
| TOTAL LOANS | 98,720 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,822 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 2,710 |
| All Other Assets | 0 |
| TOTAL ASSETS | 335,022 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,352 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 291,468 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 291,468 |
| TOTAL LIABILITIES | 295,820 |
| Regular Reserve | 0 |
| Other Reserves | 38,839 |
| Undivided Earnings | 363 |
| TOTAL EQUITY | 39,202 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 335,022 |
| INCOME & EXPENSE | |
| Loan Income | 11,316 |
| Investment Income | 1,899 |
| Other Income | 890 |
| Total Employee Compensation & Benefits | 5,541 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 11,669 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,194 |
| Cost of Funds | 2,561 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -17,860 |
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