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MILLARD COUNTY CREDIT UNION

Sep, 30, 2025 — MILLARD COUNTY CREDIT UNION is a federally insured state chartered credit union headquartered in FILLMORE, UT with 2 branch locations and about $60.43 million in total assets. Opened 70 years ago in 1956, MILLARD COUNTY CREDIT UNION has about 4,640 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MILLARD COUNTY CREDIT UNION
Address:
(Main Office)
45 S Main St
FILLMORE, UT 84631-5505
Phone:(435) 743-6545
Fax:(435) 743-8921
Website:https://www.millardccu.com
Branches:2 branch locations
Members:4,640
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60494
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1956
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$60,433,596
CEO/Manager:Scott C Lemmon
Chairperson:Molly Stevens

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,667,846
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 12,019,747
 Unsecured Loans 481,115
 Other Loans 17,463,169
 TOTAL LOANS 29,964,031
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -165,320
 Land And Building 774,298
 Other Fixed Assets 204,286
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 525,404
 All Other Assets 0
  TOTAL ASSETS 60,433,596
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -8,046
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 11,939,375
 Regular shares 21,229,617
 All Other Shares & Deposits 20,343,974
  TOTAL SHARES & DEPOSITS 53,512,966
  TOTAL LIABILITIES 53,504,920
 Regular Reserve 0
 Other Reserves 1,734,501
 Undivided Earnings 5,194,175
  TOTAL EQUITY 6,928,676
  TOTAL LIABILITIES, SHARES, & EQUITY 60,433,596
INCOME & EXPENSE  
 Loan Income 1,380,341
 Investment Income 577,668
 Other Income 132,671
 Total Employee Compensation & Benefits 636,596
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 631,451
 Non-operating Income & (Expense) 165,392
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 98,358
 Cost of Funds 415,871
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 473,796
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