Dec, 31, 2023 — PRESCOTT FEDERAL CREDIT UNION is a federal credit union headquartered in PRESCOTT, AZ with 1 branch location and about $10.94 million in total assets. Opened 87 years ago in 1937, PRESCOTT FEDERAL CREDIT UNION has about 1,251 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PRESCOTT FEDERAL CREDIT UNION |
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Address: (Main Office) | 500 N State Route 89 PRESCOTT, AZ 86313-5001 |
Phone: | (928) 445-7970 |
Fax: | (928) 445-1980 |
Website: | https://www.prescottfcu.org |
Branches: | 1 branch locations |
Members: | 1,251 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2460 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1937 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,943,726 |
CEO/Manager: | Teresa L Jones |
Chairperson: | Eric Sanders |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,729,318 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 864,914 |
Other Loans | 3,024,437 |
TOTAL LOANS | 3,889,351 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -223,540 |
Land And Building | 0 |
Other Fixed Assets | 7,342 |
NCUSIF Deposit | 107,611 |
All Other Assets | 0 |
TOTAL ASSETS | 10,943,726 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,022 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 31,134 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,448,941 |
Regular shares | 6,790,086 |
All Other Shares & Deposits | 601,814 |
TOTAL SHARES & DEPOSITS | 9,840,841 |
TOTAL LIABILITIES | 9,872,997 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,070,729 |
TOTAL EQUITY | 1,070,729 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,943,726 |
INCOME & EXPENSE | |
Loan Income | 241,022 |
Investment Income | 262,322 |
Other Income | 72,079 |
Total Employee Compensation & Benefits | 175,067 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 286,318 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 305,759 |
Cost of Funds | 17,647 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -158,020 |
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