Dec, 31, 2023 — VOCAL CREDIT UNION is a federally insured state chartered credit union headquartered in HELENA, MT with 2 branch locations and about $48.49 million in total assets. Opened 70 years ago in 1954, VOCAL CREDIT UNION has about 4,345 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | VOCAL CREDIT UNION |
---|---|
Address: (Main Office) | 2910 Prospect Ave HELENA, MT 59601-9726 |
Phone: | (406) 442-1421 |
Fax: | (406) 442-6123 |
Website: | https://www.vocal.coop |
Branches: | 2 branch locations |
Members: | 4,345 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68677 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Jan 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $48,491,739 |
CEO/Manager: | Eddie Black |
Chairperson: | Scott Dixon |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 3,435,695 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 12,736,860 |
Unsecured Loans | 1,315,706 |
Other Loans | 18,503,965 |
TOTAL LOANS | 32,556,531 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -365,761 |
Land And Building | 2,416,000 |
Other Fixed Assets | 258,352 |
NCUSIF Deposit | 440,564 |
All Other Assets | 0 |
TOTAL ASSETS | 48,491,739 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 14,761 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 311,726 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 13,024,187 |
Regular shares | 19,100,347 |
All Other Shares & Deposits | 10,587,324 |
TOTAL SHARES & DEPOSITS | 42,711,859 |
TOTAL LIABILITIES | 43,038,346 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 5,453,393 |
TOTAL EQUITY | 5,453,393 |
TOTAL LIABILITIES, SHARES, & EQUITY | 48,491,739 |
INCOME & EXPENSE | |
Loan Income | 1,796,094 |
Investment Income | 328,138 |
Other Income | 397,160 |
Total Employee Compensation & Benefits | 1,240,423 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 913,652 |
Non-operating Income & (Expense) | -50,431 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 78,000 |
Cost of Funds | 206,636 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 429,129 |
↑ Back to Top |