Dec, 31, 2023 — SSMOK EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in OKLAHOMA CITY, OK with 1 branch location and about $6.93 million in total assets. Opened 59 years ago in 1965, SSMOK EMPLOYEES FEDERAL CREDIT UNION has about 866 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SSMOK EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 1111 N Lee Ave Ste 125 OKLAHOMA CITY, OK 73103 |
Phone: | (405) 272-6100 |
Fax: | (405) 272-6379 |
Website: | https://www.ssmokefcu.com |
Branches: | 1 branch locations |
Members: | 866 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 16755 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1965 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,926,513 |
CEO/Manager: | Troy Hoobler |
Chairperson: | Raymond Langston |
ASSETS: | $ Amount |
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Cash & Equivalents | 325,472 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 8,746 |
Unsecured Loans | 219,406 |
Other Loans | 3,271,636 |
TOTAL LOANS | 3,499,788 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,616 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 70,056 |
All Other Assets | 24,483 |
TOTAL ASSETS | 6,926,513 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 14,123 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 632,250 |
Regular shares | 3,906,110 |
All Other Shares & Deposits | 969,400 |
TOTAL SHARES & DEPOSITS | 5,507,760 |
TOTAL LIABILITIES | 5,521,883 |
Regular Reserve | 0 |
Other Reserves | 539,153 |
Undivided Earnings | 865,477 |
TOTAL EQUITY | 1,404,630 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,926,513 |
INCOME & EXPENSE | |
Loan Income | 257,539 |
Investment Income | 184,617 |
Other Income | 55,933 |
Total Employee Compensation & Benefits | 223,613 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 257,908 |
Non-operating Income & (Expense) | 9,975 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,672 |
Cost of Funds | 46,774 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -21,208 |
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