Dec, 31, 2020 — POWELL SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in POWELL, WY with 1 branch location and about $2.69 million in total assets. Opened 62 years ago in 1959, POWELL SCHOOLS FEDERAL CREDIT UNION has about 356 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | POWELL SCHOOLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 369 POWELL, WY 82435-1960 |
| Phone: | (307) 764-6133 |
| Fax: | |
| Website: | https://psfcupowell.com/ |
| Branches: | 1 branch locations |
| Members: | 356 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12794 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,689,996 |
| CEO/Manager: | Bobbie Bell |
| Chairperson: | R.J. Kost |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 177,307 |
| TOTAL INVESTMENTS | 662,467 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 25,142 |
| Other Loans | 1,819,154 |
| TOTAL LOANS | 1,844,296 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,140 |
| Land And Building | 0 |
| Other Fixed Assets | 262 |
| NCUSIF Deposit | 20,271 |
| All Other Assets | 3,533 |
| TOTAL ASSETS | 2,689,996 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,410,131 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,410,131 |
| TOTAL LIABILITIES | 2,410,131 |
| Regular Reserve | 18,997 |
| Other Reserves | 0 |
| Undivided Earnings | 260,868 |
| TOTAL EQUITY | 279,865 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,689,996 |
| INCOME & EXPENSE | |
| Loan Income | 70,002 |
| Investment Income | 6,957 |
| Other Income | 1,872 |
| Total Employee Compensation & Benefits | 35,163 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 16,629 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,800 |
| Cost of Funds | 20,983 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,256 |
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