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SSMOK EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — SSMOK EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in OKLAHOMA CITY, OK with 1 branch location and about $9.00 million in total assets. Opened 56 years ago in 1965, SSMOK EMPLOYEES FEDERAL CREDIT UNION has about 1,038 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SSMOK EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 60347
OKLAHOMA CITY, OK 73146
Phone:(405) 272-6100
Fax:(405) 272-6379
Website:http://www.ssmokefcu.com
Branches:1 branch locations
Members:1,038
Credit Union Type:Federal Credit Union
Charter Number:16755
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1965
Last Audited:Jan 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$9,002,801
CEO/Manager:Troy L Hoobler
Chairperson:Chris Jackson

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 423,229
TOTAL INVESTMENTS 4,729,971
Loans Held for Sale 0
 
 Real Estate Loans 93,448
 Unsecured Loans 234,779
 Other Loans 3,408,643
 TOTAL LOANS 3,736,870
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,404
 Land And Building 0
 Other Fixed Assets 20,856
 NCUSIF Deposit 69,730
 All Other Assets 31,549
  TOTAL ASSETS 9,002,801
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 10,063
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 778,928
 Regular shares 5,095,802
 All Other Shares & Deposits 1,607,669
  TOTAL SHARES & DEPOSITS 7,482,399
  TOTAL LIABILITIES 7,492,462
 Regular Reserve 539,153
 Other Reserves 0
 Undivided Earnings 971,186
  TOTAL EQUITY 1,510,339
  TOTAL LIABILITIES, SHARES, & EQUITY 9,002,801
INCOME & EXPENSE  
 Loan Income 126,556
 Investment Income 21,408
 Other Income 33,252
 Total Employee Compensation & Benefits 96,488
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 97,389
 Non-operating Income & (Expense) 19,905
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -3,600
 Cost of Funds 8,412
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,191
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