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 |
| 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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