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FLEXPAK FEDERAL CREDIT UNION

Mar, 31, 2022 — FLEXPAK FEDERAL CREDIT UNION is a federal credit union headquartered in WOODS CROSS, UT with 1 branch location and about $1.58 million in total assets. Opened 62 years ago in 1960, FLEXPAK FEDERAL CREDIT UNION has about 211 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FLEXPAK FEDERAL CREDIT UNION
Address:
(Main Office)
1993 W 2425 S
WOODS CROSS, UT 84087
Phone:(801) 485-1052
Fax:
Website:n/a
Branches:1 branch locations
Members:211
Credit Union Type:Federal Credit Union
Charter Number:13599
Membership Type:Service - Finance, Insurance, Real Estate, Trade
Corporate Credit Union:No
Year Opened:1960
Last Audited:Mar 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$1,580,496
CEO/Manager:Ralph Jenkins
Chairperson:Dave Spilker

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 581,237
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 53,406
 Other Loans 943,017
 TOTAL LOANS 996,423
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -13,675
 Land And Building 0
 Other Fixed Assets 7
 NCUSIF Deposit 12,626
 All Other Assets 0
  TOTAL ASSETS 1,580,496
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 372
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,207,783
 All Other Shares & Deposits 24,662
  TOTAL SHARES & DEPOSITS 1,232,445
  TOTAL LIABILITIES 1,232,817
 Regular Reserve 0
 Other Reserves 145,072
 Undivided Earnings 202,607
  TOTAL EQUITY 347,679
  TOTAL LIABILITIES, SHARES, & EQUITY 1,580,496
INCOME & EXPENSE  
 Loan Income 11,295
 Investment Income 165
 Other Income 25
 Total Employee Compensation & Benefits 4,044
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,145
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,944
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 352
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