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GREAT BASIN FEDERAL CREDIT UNION

Dec, 31, 2023 — GREAT BASIN FEDERAL CREDIT UNION is a federal credit union headquartered in RENO, NV with 3 branch locations and about $275.77 million in total assets. Opened 73 years ago in 1951, GREAT BASIN FEDERAL CREDIT UNION has about 22,635 members and employs 56 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 321280198
Name:GREAT BASIN FEDERAL CREDIT UNION
Address:
(Main Office)
9770 S Virginia St
RENO, NV 89511-5941
Phone:(775) 333-4228
Fax:(775) 789-3157
Website:https://www.greatbasin.org
Branches:3 branch locations
Members:22,635
Credit Union Type:Federal Credit Union
Charter Number:7063
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1951
Last Audited:Jun 01, 2023
FHLB Member:Yes
Low Income Designation:No
Assets:$275,767,580
CEO/Manager:Jennifer Denoo
Chairperson:Ron Korman

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 49,973,579
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 70,705,513
 Unsecured Loans 9,729,755
 Other Loans 116,496,720
 TOTAL LOANS 196,931,988
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,478,488
 Land And Building 5,537,660
 Other Fixed Assets 590,192
 NCUSIF Deposit 2,397,859
 All Other Assets 78,445
  TOTAL ASSETS 275,767,580
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,542,991
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 61,558,711
 Regular shares 117,194,222
 All Other Shares & Deposits 66,904,450
  TOTAL SHARES & DEPOSITS 245,657,383
  TOTAL LIABILITIES 248,200,374
 Regular Reserve 0
 Other Reserves 262,515
 Undivided Earnings 27,304,691
  TOTAL EQUITY 27,567,206
  TOTAL LIABILITIES, SHARES, & EQUITY 275,767,580
INCOME & EXPENSE  
 Loan Income 9,199,528
 Investment Income 1,566,133
 Other Income 2,350,824
 Total Employee Compensation & Benefits 4,235,243
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,895,114
 Non-operating Income & (Expense) 318,836
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 872,830
 Cost of Funds 1,297,934
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,289,454
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