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SSMOK EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — SSMOK EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in OKLAHOMA CITY, OK with 1 branch location and about $9.09 million in total assets. Opened 56 years ago in 1965, SSMOK EMPLOYEES FEDERAL CREDIT UNION has about 1,048 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:1,048
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:$9,086,910
CEO/Manager:Troy L Hoobler
Chairperson:Chris Jackson

Call Report

  • Real Estate Loans
  • 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 570,232
TOTAL INVESTMENTS 4,729,971
Loans Held for Sale 0
 
 Real Estate Loans 99,098
 Unsecured Loans 250,176
 Other Loans 3,281,737
 TOTAL LOANS 3,631,011
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) 0
 Land And Building 0
 Other Fixed Assets 18,704
 NCUSIF Deposit 64,608
 All Other Assets 72,384
  TOTAL ASSETS 9,086,910
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,002
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 861,383
 Regular shares 5,081,400
 All Other Shares & Deposits 1,633,685
  TOTAL SHARES & DEPOSITS 7,576,468
  TOTAL LIABILITIES 7,580,470
 Regular Reserve 539,153
 Other Reserves 0
 Undivided Earnings 967,287
  TOTAL EQUITY 1,506,440
  TOTAL LIABILITIES, SHARES, & EQUITY 9,086,910
INCOME & EXPENSE  
 Loan Income 70,617
 Investment Income 12,531
 Other Income 17,092
 Total Employee Compensation & Benefits 51,064
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 49,481
 Non-operating Income & (Expense) 2,312
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -1,380
 Cost of Funds 4,511
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -708
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