SIMPLOT EMPLOYEES CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.simplotecu.com for more information.
Dec, 31, 2023 — SIMPLOT EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in Caldwell, ID with 1 branch location and about $21.90 million in total assets. Opened 68 years ago in 1956, SIMPLOT EMPLOYEES CREDIT UNION has about 4,405 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SIMPLOT EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | P O Box 190 Caldwell, ID 83606-0190 |
| Phone: | (208) 454-4286 |
| Fax: | (208) 454-4394 |
| Website: | https://www.simplotecu.com |
| Branches: | 1 branch locations |
| Members: | 4,405 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61179 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $21,903,666 |
| CEO/Manager: | Valerie J Brooks |
| Chairperson: | RaeLene Durrant |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 874,292 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,939,311 |
| Other Loans | 10,851,656 |
| TOTAL LOANS | 12,790,967 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -47,602 |
| Land And Building | 878,187 |
| Other Fixed Assets | 71,598 |
| NCUSIF Deposit | 196,577 |
| All Other Assets | 0 |
| TOTAL ASSETS | 21,903,666 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 6,711 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 33,396 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,211,501 |
| Regular shares | 16,879,865 |
| All Other Shares & Deposits | 957,801 |
| TOTAL SHARES & DEPOSITS | 19,049,167 |
| TOTAL LIABILITIES | 19,089,274 |
| Regular Reserve | 0 |
| Other Reserves | -440,430 |
| Undivided Earnings | 3,254,822 |
| TOTAL EQUITY | 2,814,392 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 21,903,666 |
| INCOME & EXPENSE | |
| Loan Income | 528,700 |
| Investment Income | 76,480 |
| Other Income | 49,920 |
| Total Employee Compensation & Benefits | 315,696 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 380,514 |
| Non-operating Income & (Expense) | 5 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 48,327 |
| Cost of Funds | 16,563 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -21,217 |
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