Dec, 31, 2021 — FLEXPAK FEDERAL CREDIT UNION is a federal credit union headquartered in WOODS CROSS, UT with 1 branch location and about $1.50 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 |
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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 |
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Membership Type: | Service - Finance, Insurance, Real Estate, Trade |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,495,118 |
CEO/Manager: | Ralph Jenkins |
Chairperson: | Dave Spilker |
ASSETS: | $ Amount |
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Cash & Equivalents | 518,576 |
TOTAL INVESTMENTS | 3,878 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 55,314 |
Other Loans | 918,392 |
TOTAL LOANS | 973,706 |
(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 | 1,495,118 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 152 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 290,594 |
All Other Shares & Deposits | 857,045 |
TOTAL SHARES & DEPOSITS | 1,147,639 |
TOTAL LIABILITIES | 1,147,791 |
Regular Reserve | 51,734 |
Other Reserves | 93,338 |
Undivided Earnings | 202,255 |
TOTAL EQUITY | 347,327 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,495,118 |
INCOME & EXPENSE | |
Loan Income | 45,873 |
Investment Income | 746 |
Other Income | 826 |
Total Employee Compensation & Benefits | 16,174 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 13,090 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 15,725 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 2,456 |
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