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PAHRANAGAT VALLEY FEDERAL CREDIT UNION

Dec, 31, 2020 — PAHRANAGAT VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in Alamo, NV with 1 branch location and about $27.03 million in total assets. Opened 63 years ago in 1958, PAHRANAGAT VALLEY FEDERAL CREDIT UNION has about 2,115 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PAHRANAGAT VALLEY FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. Box 419
Alamo, NV 89001
Phone:(775) 725-3586
Fax:(775) 725-3585
Website:http://www.pvfcu.net
Branches:1 branch locations
Members:2,115
Credit Union Type:Federal Credit Union
Charter Number:12686
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1958
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$27,033,210
CEO/Manager:Robin E Simmers
Chairperson:Stephen Roemer

Call Report

  • Commercial Loans
  • Credit Builder
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,280,638
TOTAL INVESTMENTS 9,626,870
Loans Held for Sale 0
 
 Real Estate Loans 4,721,015
 Unsecured Loans 1,349,267
 Other Loans 8,996,689
 TOTAL LOANS 15,066,971
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -352,495
 Land And Building 96,600
 Other Fixed Assets 22,533
 NCUSIF Deposit 206,257
 All Other Assets 85,836
  TOTAL ASSETS 27,033,210
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 30,558
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,271,205
 Regular shares 14,012,300
 All Other Shares & Deposits 6,189,602
  TOTAL SHARES & DEPOSITS 24,473,107
  TOTAL LIABILITIES 24,503,665
 Regular Reserve 246,947
 Other Reserves 0
 Undivided Earnings 2,282,598
  TOTAL EQUITY 2,529,545
  TOTAL LIABILITIES, SHARES, & EQUITY 27,033,210
INCOME & EXPENSE  
 Loan Income 800,478
 Investment Income 179,381
 Other Income 179,170
 Total Employee Compensation & Benefits 406,237
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 443,067
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,632
 Cost of Funds 157,953
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 146,140
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