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DEVILS SLIDE FEDERAL CREDIT UNION

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

Call Report

  • Overdraft Lines of Credit
  • Overdraft Protection
  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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