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GOOD SAMARITAN FEDERAL CREDIT UNION

Mar, 31, 2021 — GOOD SAMARITAN FEDERAL CREDIT UNION is a federal credit union headquartered in SIOUX FALLS, SD with 1 branch location and about $26.74 million in total assets. Opened 48 years ago in 1973, GOOD SAMARITAN FEDERAL CREDIT UNION has about 6,841 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:GOOD SAMARITAN FEDERAL CREDIT UNION
Address:
(Main Office)
4800 W 57TH ST
SIOUX FALLS, SD 57108
Phone:(800) 488-4584
Fax:(605) 362-3390
Website:http://www.goodsamaritanfcu.com
Branches:1 branch locations
Members:6,841
Credit Union Type:Federal Credit Union
Charter Number:21144
Membership Type:Service - Health Care
Corporate Credit Union:No
Year Opened:1973
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$26,738,003
CEO/Manager:MICHAEL W GARDNER
Chairperson:TYLER NORTHRUP

Call Report

  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,270,494
TOTAL INVESTMENTS 10,923,449
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 309,850
 Other Loans 10,048,476
 TOTAL LOANS 10,358,326
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,135
 Land And Building 0
 Other Fixed Assets 2,306
 NCUSIF Deposit 181,076
 All Other Assets 19,487
  TOTAL ASSETS 26,738,003
LIABILITIES & CAPITAL:  
 Dividends Payable 4,228
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 25,134
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 789,638
 Regular shares 18,466,425
 All Other Shares & Deposits 2,236,802
  TOTAL SHARES & DEPOSITS 21,492,865
  TOTAL LIABILITIES 21,522,227
 Regular Reserve 492,136
 Other Reserves 0
 Undivided Earnings 4,723,640
  TOTAL EQUITY 5,215,776
  TOTAL LIABILITIES, SHARES, & EQUITY 26,738,003
INCOME & EXPENSE  
 Loan Income 94,641
 Investment Income 40,235
 Other Income 16,443
 Total Employee Compensation & Benefits 83,557
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 31,990
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,000
 Cost of Funds 5,478
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 27,412
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