Dec, 31, 2023 — LISBON FARMERS UNION CREDIT UNION is a federally insured state chartered credit union headquartered in LISBON, ND with 1 branch location and about $4.53 million in total assets. Opened 79 years ago in 1945, LISBON FARMERS UNION CREDIT UNION has about 247 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LISBON FARMERS UNION CREDIT UNION |
|---|---|
| Address: (Main Office) | 18 5th Ave W LISBON, ND 58054-4113 |
| Phone: | (701) 683-2296 |
| Fax: | (701) 683-2312 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 247 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64688 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1945 |
| Last Audited: | Nov 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,530,084 |
| CEO/Manager: | Daniel R Wagner |
| Chairperson: | OWEN TRANGSRUD |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 813,171 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,434,140 |
| Unsecured Loans | 0 |
| Other Loans | 921,851 |
| TOTAL LOANS | 2,355,991 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,600 |
| Land And Building | 57,096 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 19,426 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,530,084 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,260 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,842,016 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,842,016 |
| TOTAL LIABILITIES | 1,843,276 |
| Regular Reserve | 0 |
| Other Reserves | 1,260,488 |
| Undivided Earnings | 1,426,320 |
| TOTAL EQUITY | 2,686,808 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,530,084 |
| INCOME & EXPENSE | |
| Loan Income | 127,966 |
| Investment Income | 15,423 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 96,626 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 47,050 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,600 |
| Cost of Funds | 41,430 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -39,717 |
| ↑ Back to Top | |