Dec, 31, 2020 — SIERRA PACIFIC FEDERAL CREDIT UNION is a federal credit union headquartered in RENO, NV with 5 branch locations and about $156.44 million in total assets. Opened 85 years ago in 1936, SIERRA PACIFIC FEDERAL CREDIT UNION has about 9,923 members and employs 22 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 |
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Address: (Main Office) | PO BOX 10100 RENO, NV 89511 |
Phone: | (775) 834-4579 |
Fax: | (775) 834-3272 |
Website: | http://www.sierrapacificfcu.org |
Branches: | 5 branch locations |
Members: | 9,923 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1000 |
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Membership Type: | Multiple common bond - Primarily communications and utilities |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Jun 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $156,438,617 |
CEO/Manager: | Jim Hunting |
Chairperson: | Douglas E Gapp |
ASSETS: | $ Amount |
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Cash & Equivalents | 28,818,869 |
TOTAL INVESTMENTS | 38,387,683 |
Loans Held for Sale | 0 |
Real Estate Loans | 11,825,558 |
Unsecured Loans | 4,590,631 |
Other Loans | 69,114,089 |
TOTAL LOANS | 85,530,278 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -737,538 |
Land And Building | 0 |
Other Fixed Assets | 196,217 |
NCUSIF Deposit | 1,201,493 |
All Other Assets | 3,041,615 |
TOTAL ASSETS | 156,438,617 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,017,103 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 21,226,479 |
Regular shares | 55,231,956 |
All Other Shares & Deposits | 61,093,983 |
TOTAL SHARES & DEPOSITS | 137,552,418 |
TOTAL LIABILITIES | 138,569,521 |
Regular Reserve | 1,015,190 |
Other Reserves | 1,531,198 |
Undivided Earnings | 15,322,708 |
TOTAL EQUITY | 17,869,096 |
TOTAL LIABILITIES, SHARES, & EQUITY | 156,438,617 |
INCOME & EXPENSE | |
Loan Income | 3,837,268 |
Investment Income | 989,079 |
Other Income | 762,375 |
Total Employee Compensation & Benefits | 1,708,275 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,201,671 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 377,000 |
Cost of Funds | 339,521 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 962,255 |
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