Dec, 31, 2023 — NORTH SANPETE FEDERAL CREDIT UNION is a federal credit union headquartered in FAIRVIEW, UT with 2 branch locations and about $1.20 million in total assets. Opened 65 years ago in 1959, NORTH SANPETE FEDERAL CREDIT UNION has about 349 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NORTH SANPETE FEDERAL CREDIT UNION |
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Address: (Main Office) | 11917 E 24711 N FAIRVIEW, UT 84629 |
Phone: | (435) 462-9075 |
Fax: | |
Website: | n/a |
Branches: | 2 branch locations |
Members: | 349 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13224 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,200,257 |
CEO/Manager: | Jessica Clare |
Chairperson: | Jeffery Ericksen |
ASSETS: | $ Amount |
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Cash & Equivalents | 101,906 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 6,207 |
Other Loans | 1,088,194 |
TOTAL LOANS | 1,094,401 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,950 |
Land And Building | 0 |
Other Fixed Assets | 1,955 |
NCUSIF Deposit | 10,335 |
All Other Assets | 0 |
TOTAL ASSETS | 1,200,257 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,190 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,133 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 929,605 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 929,605 |
TOTAL LIABILITIES | 931,928 |
Regular Reserve | 0 |
Other Reserves | 84,881 |
Undivided Earnings | 183,448 |
TOTAL EQUITY | 268,329 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,200,257 |
INCOME & EXPENSE | |
Loan Income | 42,213 |
Investment Income | 496 |
Other Income | 300 |
Total Employee Compensation & Benefits | 10,906 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 16,920 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 4,982 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 10,201 |
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