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NORTH SANPETE FEDERAL CREDIT UNION

Jun, 30, 2024 — NORTH SANPETE FEDERAL CREDIT UNION is a federal credit union headquartered in FAIRVIEW, UT with 2 branch locations and about $1.31 million in total assets. Opened 66 years ago in 1959, NORTH SANPETE 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:NORTH SANPETE FEDERAL CREDIT UNION
Address:
(Main Office)
11917 E 24711 N
FAIRVIEW, UT 84629
Phone:(435) 462-9075
Fax:
Website:n/a
Branches:2 branch locations
Members:356
Credit Union Type:Federal Credit Union
Charter Number:13224
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1959
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,314,009
CEO/Manager:Jessica Clare
Chairperson:Carrie Christensen

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 189,367
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 8,966
 Other Loans 1,111,942
 TOTAL LOANS 1,120,908
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -12,950
 Land And Building 0
 Other Fixed Assets 3,421
 NCUSIF Deposit 10,265
 All Other Assets 0
  TOTAL ASSETS 1,314,009
LIABILITIES & CAPITAL:  
 Dividends Payable 1,327
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,099
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,055,909
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,055,909
  TOTAL LIABILITIES 1,059,335
 Regular Reserve 0
 Other Reserves 84,881
 Undivided Earnings 169,793
  TOTAL EQUITY 254,674
  TOTAL LIABILITIES, SHARES, & EQUITY 1,314,009
INCOME & EXPENSE  
 Loan Income 24,884
 Investment Income 663
 Other Income 480
 Total Employee Compensation & Benefits 7,577
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 11,097
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,042
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,311
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