Dec, 31, 2023 — UINTAH CREDIT UNION is a federally insured state chartered credit union headquartered in VERNAL, UT with 1 branch location and about $4.38 million in total assets. Opened 69 years ago in 1955, UINTAH CREDIT UNION has about 952 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: | UINTAH CREDIT UNION |
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Address: (Main Office) | 783 W HIGHWAY 40 VERNAL, UT 84078 |
Phone: | (435) 789-8353 |
Fax: | (435) 789-7254 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 952 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67156 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,384,618 |
CEO/Manager: | Dan E Olsen |
Chairperson: | Dennis Spackman |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,335,258 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 137,020 |
Other Loans | 857,085 |
TOTAL LOANS | 994,105 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -27,527 |
Land And Building | 0 |
Other Fixed Assets | 25 |
NCUSIF Deposit | 41,800 |
All Other Assets | 0 |
TOTAL ASSETS | 4,384,618 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,089 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 3,819,164 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 3,819,164 |
TOTAL LIABILITIES | 3,821,253 |
Regular Reserve | 0 |
Other Reserves | 145,200 |
Undivided Earnings | 418,165 |
TOTAL EQUITY | 563,365 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,384,618 |
INCOME & EXPENSE | |
Loan Income | 55,115 |
Investment Income | 127,431 |
Other Income | 4,491 |
Total Employee Compensation & Benefits | 26,979 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 57,545 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,259 |
Cost of Funds | 7,539 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 91,715 |
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