Dec, 31, 2023 — YS FEDERAL CREDIT UNION is a federal credit union headquartered in YELLOW SPRINGS, OH with 1 branch location and about $23.39 million in total assets. Opened 76 years ago in 1948, YS FEDERAL CREDIT UNION has about 1,876 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | YS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 217 Xenia Ave YELLOW SPRINGS, OH 45387 |
| Phone: | (937) 767-7377 |
| Fax: | (937) 767-2302 |
| Website: | https://yscu.org |
| Branches: | 1 branch locations |
| Members: | 1,876 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5732 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $23,391,121 |
| CEO/Manager: | Sandra Hollenberg |
| Chairperson: | Steve Payne |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,574,173 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 7,782,463 |
| Unsecured Loans | 716,693 |
| Other Loans | 1,956,474 |
| TOTAL LOANS | 10,455,630 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -818 |
| Land And Building | 84,775 |
| Other Fixed Assets | 21,990 |
| NCUSIF Deposit | 239,347 |
| All Other Assets | 0 |
| TOTAL ASSETS | 23,391,121 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 63,270 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,628,587 |
| Regular shares | 11,277,985 |
| All Other Shares & Deposits | 3,082,189 |
| TOTAL SHARES & DEPOSITS | 20,988,761 |
| TOTAL LIABILITIES | 21,052,031 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,339,090 |
| TOTAL EQUITY | 2,339,090 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 23,391,121 |
| INCOME & EXPENSE | |
| Loan Income | 410,431 |
| Investment Income | 322,243 |
| Other Income | 136,882 |
| Total Employee Compensation & Benefits | 376,090 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 431,666 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -2,365 |
| Cost of Funds | 14,753 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 72,544 |
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