Dec, 31, 2023 — PAHRANAGAT VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in ALAMO, NV with 1 branch location and about $32.32 million in total assets. Opened 66 years ago in 1958, PAHRANAGAT VALLEY FEDERAL CREDIT UNION has about 2,187 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PAHRANAGAT VALLEY FEDERAL CREDIT UNION |
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Address: (Main Office) | 169 Main St ALAMO, NV 89001 |
Phone: | (775) 725-3586 |
Fax: | (775) 725-3585 |
Website: | https://www.pvfcu.net |
Branches: | 1 branch locations |
Members: | 2,187 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 12686 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1958 |
Last Audited: | May 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $32,317,290 |
CEO/Manager: | Robin E Simmers |
Chairperson: | Stephen Roemer |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,515,183 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,678,304 |
Unsecured Loans | 1,185,113 |
Other Loans | 8,808,958 |
TOTAL LOANS | 14,672,375 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -321,725 |
Land And Building | 133,952 |
Other Fixed Assets | 1,986 |
NCUSIF Deposit | 271,928 |
All Other Assets | 0 |
TOTAL ASSETS | 32,317,290 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 52,242 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,746,916 |
Regular shares | 17,745,832 |
All Other Shares & Deposits | 5,761,440 |
TOTAL SHARES & DEPOSITS | 29,254,188 |
TOTAL LIABILITIES | 29,306,430 |
Regular Reserve | 0 |
Other Reserves | 246,947 |
Undivided Earnings | 2,763,913 |
TOTAL EQUITY | 3,010,860 |
TOTAL LIABILITIES, SHARES, & EQUITY | 32,317,290 |
INCOME & EXPENSE | |
Loan Income | 771,871 |
Investment Income | 458,875 |
Other Income | 48,306 |
Total Employee Compensation & Benefits | 458,387 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 515,776 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 293,179 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 157,414 |
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