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LION'S SHARE FEDERAL CREDIT UNION

Mar, 31, 2022 — LION'S SHARE FEDERAL CREDIT UNION is a federal credit union headquartered in SALISBURY, NC with 1 branch location and about $72.13 million in total assets. Opened 40 years ago in 1982, LION'S SHARE FEDERAL CREDIT UNION has about 11,932 members and employs 18 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 253184870
Name:LION'S SHARE FEDERAL CREDIT UNION
Address:
(Main Office)
850 Harrison Rd
SALISBURY, NC 28147-9021
Phone:(704) 636-0643
Fax:(704) 637-6311
Website:http://www.lionsharecu.org
Branches:1 branch locations
Members:11,932
Credit Union Type:Federal Credit Union
Charter Number:24813
Membership Type:Service - Finance, Insurance, Real Estate, Trade
Corporate Credit Union:No
Year Opened:1982
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$72,131,684
CEO/Manager:James W McBride
Chairperson:Ryan E Barbour

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 26,487,935
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,806,048
 Unsecured Loans 7,143,285
 Other Loans 27,139,493
 TOTAL LOANS 39,088,826
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -355,585
 Land And Building 760,123
 Other Fixed Assets 238,170
 NCUSIF Deposit 555,155
 All Other Assets 0
  TOTAL ASSETS 72,131,684
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 562,451
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,768,511
 Regular shares 22,415,742
 All Other Shares & Deposits 33,840,129
  TOTAL SHARES & DEPOSITS 66,024,382
  TOTAL LIABILITIES 66,586,833
 Regular Reserve 0
 Other Reserves 794,521
 Undivided Earnings 4,750,330
  TOTAL EQUITY 5,544,851
  TOTAL LIABILITIES, SHARES, & EQUITY 72,131,684
INCOME & EXPENSE  
 Loan Income 623,138
 Investment Income 23,630
 Other Income 216,541
 Total Employee Compensation & Benefits 373,750
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 442,788
 Non-operating Income & (Expense) 668
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 40,000
 Cost of Funds 25,592
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 189,380
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