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DEVILS SLIDE FEDERAL CREDIT UNION

Dec, 31, 2021 — DEVILS SLIDE FEDERAL CREDIT UNION is a federal credit union headquartered in MORGAN, UT with 1 branch location and about $19.24 million in total assets. Opened 58 years ago in 1964, DEVILS SLIDE FEDERAL CREDIT UNION has about 1,528 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DEVILS SLIDE FEDERAL CREDIT UNION
Address:
(Main Office)
243 E 125 N
MORGAN, UT 84050
Phone:(801) 829-6900
Fax:(801) 829-3609
Website:http://devilsslidefcu.org
Branches:1 branch locations
Members:1,528
Credit Union Type:Federal Credit Union
Charter Number:16264
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1964
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$19,242,587
CEO/Manager:Jill J Carrigan
Chairperson:Tony M London

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,625,540
TOTAL INVESTMENTS 3,266,997
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 51,897
 Other Loans 11,006,946
 TOTAL LOANS 11,058,843
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -50,354
 Land And Building 146,063
 Other Fixed Assets 26,672
 NCUSIF Deposit 136,426
 All Other Assets 32,400
  TOTAL ASSETS 19,242,587
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 123,650
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 206,380
 Regular shares 11,051,780
 All Other Shares & Deposits 5,991,577
  TOTAL SHARES & DEPOSITS 17,249,737
  TOTAL LIABILITIES 17,373,387
 Regular Reserve 116,904
 Other Reserves 100,000
 Undivided Earnings 1,652,296
  TOTAL EQUITY 1,869,200
  TOTAL LIABILITIES, SHARES, & EQUITY 19,242,587
INCOME & EXPENSE  
 Loan Income 499,765
 Investment Income 18,945
 Other Income 40,042
 Total Employee Compensation & Benefits 146,426
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 225,113
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,000
 Cost of Funds 106,047
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 76,860
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