Dec, 31, 2023 — SIERRA PACIFIC FEDERAL CREDIT UNION is a federal credit union headquartered in RENO, NV with 5 branch locations and about $168.93 million in total assets. Opened 88 years ago in 1936, SIERRA PACIFIC FEDERAL CREDIT UNION has about 10,352 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SIERRA PACIFIC FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 6100 Neil Rd Ste 150 RENO, NV 89511 |
Phone: | (775) 834-4579 |
Fax: | (775) 834-3272 |
Website: | https://www.sierrapacificfcu.org |
Branches: | 5 branch locations |
Members: | 10,352 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1000 |
---|---|
Membership Type: | Multiple common bond - Primarily communications and utilities |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $168,930,911 |
CEO/Manager: | Leslie Ramsdell |
Chairperson: | Jim Hunting |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 31,905,116 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 21,758,341 |
Unsecured Loans | 4,070,552 |
Other Loans | 81,124,712 |
TOTAL LOANS | 106,953,606 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,320,080 |
Land And Building | 0 |
Other Fixed Assets | 362,399 |
NCUSIF Deposit | 1,420,573 |
All Other Assets | 65,090 |
TOTAL ASSETS | 168,930,911 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,071,609 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 24,336,290 |
Regular shares | 47,869,545 |
All Other Shares & Deposits | 74,993,668 |
TOTAL SHARES & DEPOSITS | 147,199,503 |
TOTAL LIABILITIES | 148,271,112 |
Regular Reserve | 0 |
Other Reserves | 949,214 |
Undivided Earnings | 19,710,585 |
TOTAL EQUITY | 20,659,799 |
TOTAL LIABILITIES, SHARES, & EQUITY | 168,930,911 |
INCOME & EXPENSE | |
Loan Income | 5,254,814 |
Investment Income | 2,418,126 |
Other Income | 759,859 |
Total Employee Compensation & Benefits | 2,000,516 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,568,048 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 499,000 |
Cost of Funds | 1,796,626 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,713,519 |
↑ Back to Top |
» See also Statement of Financial Condition