Dec, 31, 2023 — MOFFAT COUNTY SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in CRAIG, CO with 1 branch location and about $5.63 million in total assets. Opened 62 years ago in 1962, MOFFAT COUNTY SCHOOLS FEDERAL CREDIT UNION has about 859 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MOFFAT COUNTY SCHOOLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 585 Tucker St CRAIG, CO 81625-1909 |
| Phone: | (970) 824-7005 |
| Fax: | (970) 824-7005 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 859 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15230 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,630,754 |
| CEO/Manager: | TYLAWN SMERCINA |
| Chairperson: | LINDA J OSBORN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 505,570 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 203,117 |
| Other Loans | 3,052,241 |
| TOTAL LOANS | 3,255,359 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,844 |
| Land And Building | 46,378 |
| Other Fixed Assets | 2,062 |
| NCUSIF Deposit | 48,675 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,630,754 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,994 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,277,647 |
| All Other Shares & Deposits | 600,745 |
| TOTAL SHARES & DEPOSITS | 4,878,392 |
| TOTAL LIABILITIES | 4,890,386 |
| Regular Reserve | 0 |
| Other Reserves | 139,804 |
| Undivided Earnings | 600,564 |
| TOTAL EQUITY | 740,368 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,630,754 |
| INCOME & EXPENSE | |
| Loan Income | 172,387 |
| Investment Income | 85,911 |
| Other Income | 2,779 |
| Total Employee Compensation & Benefits | 89,295 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 70,417 |
| Non-operating Income & (Expense) | 99 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 188 |
| Cost of Funds | 23,346 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 77,930 |
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