Dec, 31, 2023 — TRONA VALLEY COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in GREEN RIVER, WY with 4 branch locations and about $392.67 million in total assets. Opened 61 years ago in 1963, TRONA VALLEY COMMUNITY FEDERAL CREDIT UNION has about 27,790 members and employs 83 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TRONA VALLEY COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 840 Hitching Post Dr GREEN RIVER, WY 82935-5554 |
| Phone: | (307) 875-9800 |
| Fax: | (307) 875-5551 |
| Website: | https://www.tronavalley.com |
| Branches: | 4 branch locations |
| Members: | 27,790 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15741 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $392,674,293 |
| CEO/Manager: | Jeremy Gibson |
| Chairperson: | Dan Stanton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 40,145,943 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 85,180,019 |
| Unsecured Loans | 11,475,923 |
| Other Loans | 197,506,062 |
| TOTAL LOANS | 294,935,834 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,116,749 |
| Land And Building | 5,825,353 |
| Other Fixed Assets | 589,521 |
| NCUSIF Deposit | 3,001,115 |
| All Other Assets | 1,419,448 |
| TOTAL ASSETS | 392,674,293 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 616,249 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,028,296 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 78,411,085 |
| Regular shares | 106,656,162 |
| All Other Shares & Deposits | 154,099,575 |
| TOTAL SHARES & DEPOSITS | 339,166,822 |
| TOTAL LIABILITIES | 343,811,367 |
| Regular Reserve | 0 |
| Other Reserves | -36,411 |
| Undivided Earnings | 48,899,337 |
| TOTAL EQUITY | 48,862,926 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 392,674,293 |
| INCOME & EXPENSE | |
| Loan Income | 18,419,205 |
| Investment Income | 2,161,967 |
| Other Income | 3,084,689 |
| Total Employee Compensation & Benefits | 6,304,185 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 6,062,822 |
| Non-operating Income & (Expense) | 602,951 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,495,000 |
| Cost of Funds | 4,633,648 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,323,918 |
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