Sep, 30, 2025 — PRIORITY FEDERAL CREDIT UNION is a federal credit union headquartered in RUSSELLVILLE, AR with 1 branch location and about $7.93 million in total assets. Opened 59 years ago in 1967, PRIORITY FEDERAL CREDIT UNION has about 1,971 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PRIORITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 430 N Hampton Ave RUSSELLVILLE, AR 72802 |
| Phone: | (479) 890-6203 |
| Fax: | (479) 890-8014 |
| Website: | https://www.priorityfederal.us |
| Branches: | 1 branch locations |
| Members: | 1,971 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18353 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,930,364 |
| CEO/Manager: | Candi Reddell |
| Chairperson: | Summer Watkins |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,992,133 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 350,945 |
| Other Loans | 4,961,056 |
| TOTAL LOANS | 5,312,001 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,960 |
| Land And Building | 336,047 |
| Other Fixed Assets | 1,420 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 70,834 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,930,364 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,005 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 18,943 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 941,941 |
| Regular shares | 5,737,717 |
| All Other Shares & Deposits | 349,015 |
| TOTAL SHARES & DEPOSITS | 7,028,672 |
| TOTAL LIABILITIES | 7,048,620 |
| Regular Reserve | 0 |
| Other Reserves | 396,752 |
| Undivided Earnings | 484,992 |
| TOTAL EQUITY | 881,744 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,930,364 |
| INCOME & EXPENSE | |
| Loan Income | 261,940 |
| Investment Income | 18,368 |
| Other Income | 41,831 |
| Total Employee Compensation & Benefits | 177,173 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 160,004 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 898 |
| Cost of Funds | 26,195 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -12,041 |
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