Dec, 31, 2020 — DEVILS SLIDE FEDERAL CREDIT UNION is a federal credit union headquartered in Morgan, UT with 1 branch location and about $16.99 million in total assets. Opened 57 years ago in 1964, DEVILS SLIDE FEDERAL CREDIT UNION has about 1,460 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) | PO Box 588 Morgan, UT 84050 |
| Phone: | (801) 829-6900 |
| Fax: | (801) 829-3609 |
| Website: | http://devilsslidefcu.org |
| Branches: | 1 branch locations |
| Members: | 1,460 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $16,987,888 |
| CEO/Manager: | Jill J Carrigan |
| Chairperson: | Tony M London |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,232,478 |
| TOTAL INVESTMENTS | 3,018,997 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 46,919 |
| Other Loans | 9,433,650 |
| TOTAL LOANS | 9,480,569 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,734 |
| Land And Building | 143,177 |
| Other Fixed Assets | 32,208 |
| NCUSIF Deposit | 120,985 |
| All Other Assets | 6,208 |
| TOTAL ASSETS | 16,987,888 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 259,089 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 262,768 |
| Regular shares | 7,750,950 |
| All Other Shares & Deposits | 6,922,742 |
| TOTAL SHARES & DEPOSITS | 14,936,460 |
| TOTAL LIABILITIES | 15,195,549 |
| Regular Reserve | 116,904 |
| Other Reserves | 100,000 |
| Undivided Earnings | 1,575,435 |
| TOTAL EQUITY | 1,792,339 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 16,987,888 |
| INCOME & EXPENSE | |
| Loan Income | 435,931 |
| Investment Income | 47,161 |
| Other Income | 29,833 |
| Total Employee Compensation & Benefits | 145,683 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 207,085 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 159,369 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 788 |
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