Dec, 31, 2023 — EASTERN UTAH COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in PRICE, UT with 4 branch locations and about $189.80 million in total assets. Opened 56 years ago in 1968, EASTERN UTAH COMMUNITY FEDERAL CREDIT UNION has about 12,339 members and employs 44 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EASTERN UTAH COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 845 E Main St PRICE, UT 84501 |
| Phone: | (435) 637-2443 |
| Fax: | |
| Website: | https://www.euccu.com |
| Branches: | 4 branch locations |
| Members: | 12,339 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24709 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $189,798,645 |
| CEO/Manager: | BRUCE YOST |
| Chairperson: | JAKE V FRANDSEN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 16,395,611 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 50,107,409 |
| Unsecured Loans | 2,652,858 |
| Other Loans | 64,848,578 |
| TOTAL LOANS | 117,608,844 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,043,492 |
| Land And Building | 1,711,430 |
| Other Fixed Assets | 505,748 |
| NCUSIF Deposit | 1,427,859 |
| All Other Assets | 271,731 |
| TOTAL ASSETS | 189,798,645 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 265,786 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 468,169 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 38,354,500 |
| Regular shares | 52,937,334 |
| All Other Shares & Deposits | 73,895,717 |
| TOTAL SHARES & DEPOSITS | 165,187,551 |
| TOTAL LIABILITIES | 165,921,506 |
| Regular Reserve | 0 |
| Other Reserves | 3,205,162 |
| Undivided Earnings | 20,671,977 |
| TOTAL EQUITY | 23,877,139 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 189,798,645 |
| INCOME & EXPENSE | |
| Loan Income | 6,664,372 |
| Investment Income | 1,314,908 |
| Other Income | 426,685 |
| Total Employee Compensation & Benefits | 3,106,717 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,349,282 |
| Non-operating Income & (Expense) | 100,902 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 101,604 |
| Cost of Funds | 2,115,169 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,294,104 |
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