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DEVILS SLIDE FEDERAL CREDIT UNION

Dec, 31, 2023 — DEVILS SLIDE FEDERAL CREDIT UNION is a federal credit union headquartered in MORGAN, UT with 1 branch location and about $19.60 million in total assets. Opened 60 years ago in 1964, DEVILS SLIDE FEDERAL CREDIT UNION has about 1,649 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:https://devilsslidefcu.org
Branches:1 branch locations
Members:1,649
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, 2023
FHLB Member:No
Low Income Designation:No
Assets:$19,602,806
CEO/Manager:Jill Carrigan
Chairperson:Tony M London

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,405,121
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 48,065
 Other Loans 13,379,378
 TOTAL LOANS 13,427,444
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -74,738
 Land And Building 124,429
 Other Fixed Assets 22,614
 NCUSIF Deposit 149,008
 All Other Assets 0
  TOTAL ASSETS 19,602,806
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 77,891
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 488,519
 Regular shares 8,194,801
 All Other Shares & Deposits 8,596,225
  TOTAL SHARES & DEPOSITS 17,279,546
  TOTAL LIABILITIES 17,357,437
 Regular Reserve 0
 Other Reserves 216,904
 Undivided Earnings 2,028,465
  TOTAL EQUITY 2,245,369
  TOTAL LIABILITIES, SHARES, & EQUITY 19,602,806
INCOME & EXPENSE  
 Loan Income 693,734
 Investment Income 250,626
 Other Income 57,172
 Total Employee Compensation & Benefits 175,258
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 300,544
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,536
 Cost of Funds 299,556
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 230,304
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