SECURITY PLUS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — SECURITY PLUS FEDERAL CREDIT UNION is a federal credit union headquartered in RUSSELLVILLE, KY with 1 branch location and about $578,260 in total assets. Opened 65 years ago in 1959, SECURITY PLUS FEDERAL CREDIT UNION has about 132 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SECURITY PLUS FEDERAL CREDIT UNION |
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Address: (Main Office) | 232 HOPKINSVILLE RD RUSSELLVILLE, KY 42276 |
Phone: | (270) 726-0207 |
Fax: | (270) 726-0238 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 132 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13241 |
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Membership Type: | Manufacturing - Primary and Fabricated Metals |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Nov 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $578,260 |
CEO/Manager: | Rebecca Stone |
Chairperson: | david Kinser |
ASSETS: | $ Amount |
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Cash & Equivalents | 212,308 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,595 |
Other Loans | 148,722 |
TOTAL LOANS | 150,317 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,350 |
Land And Building | 0 |
Other Fixed Assets | 52 |
NCUSIF Deposit | 4,366 |
All Other Assets | 0 |
TOTAL ASSETS | 578,260 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 244 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 312,470 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 312,470 |
TOTAL LIABILITIES | 312,714 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 265,546 |
TOTAL EQUITY | 265,546 |
TOTAL LIABILITIES, SHARES, & EQUITY | 578,260 |
INCOME & EXPENSE | |
Loan Income | 3,336 |
Investment Income | 119 |
Other Income | 0 |
Total Employee Compensation & Benefits | 646 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 522 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 36,720 |
Cost of Funds | 0 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -34,433 |
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