Mar, 31, 2021 — UTAH COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in Provo, UT with 20 branch locations and about $2.35 billion in total assets. Opened 66 years ago in 1955, UTAH COMMUNITY FEDERAL CREDIT UNION has about 218,780 members and employs 534 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UTAH COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 360 W 4800 N Provo, UT 84604 |
| Phone: | (801) 223-8188 |
| Fax: | (801) 223-7490 |
| Website: | http://www.uccu.com |
| Branches: | 20 branch locations |
| Members: | 218,780 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10709 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,351,420,314 |
| CEO/Manager: | Bret Van Ausdal |
| Chairperson: | John Stevenson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 647,675,528 |
| TOTAL INVESTMENTS | 136,301,268 |
| Loans Held for Sale | 15,637,211 |
| Real Estate Loans | 733,565,133 |
| Unsecured Loans | 45,375,495 |
| Other Loans | 628,271,894 |
| TOTAL LOANS | 1,433,167,005 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,600,687 |
| Land And Building | 64,509,891 |
| Other Fixed Assets | 3,998,288 |
| NCUSIF Deposit | 14,388,094 |
| All Other Assets | 56,343,716 |
| TOTAL ASSETS | 2,351,420,314 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 26,099,254 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 568,334,290 |
| Regular shares | 501,963,675 |
| All Other Shares & Deposits | 1,045,071,279 |
| TOTAL SHARES & DEPOSITS | 2,115,369,244 |
| TOTAL LIABILITIES | 2,141,468,498 |
| Regular Reserve | 8,026,814 |
| Other Reserves | 1,304,763 |
| Undivided Earnings | 200,620,239 |
| TOTAL EQUITY | 209,951,816 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,351,420,314 |
| INCOME & EXPENSE | |
| Loan Income | 13,679,759 |
| Investment Income | 740,652 |
| Other Income | 1,692,099 |
| Total Employee Compensation & Benefits | 10,201,554 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 6,172,990 |
| Non-operating Income & (Expense) | 2,884,797 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 732,341 |
| Cost of Funds | 1,646,848 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,890,329 |
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