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HIGH SIERRA CREDIT UNION

Dec, 31, 2023 — HIGH SIERRA CREDIT UNION is a federally insured state chartered credit union headquartered in BISHOP, CA with 1 branch location and about $11.95 million in total assets. Opened 68 years ago in 1956, HIGH SIERRA CREDIT UNION has about 514 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:HIGH SIERRA CREDIT UNION
Address:
(Main Office)
136 W Line St
BISHOP, CA 93514
Phone:(760) 873-6190
Fax:(760) 873-1084
Website:n/a
Branches:1 branch locations
Members:514
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:65664
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1956
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$11,947,412
CEO/Manager:Eduardo Sandoval
Chairperson:Tim Shultz

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 440,378
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 877,034
 Other Loans 3,430,050
 TOTAL LOANS 4,307,084
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -39,189
 Land And Building 118,986
 Other Fixed Assets 361,580
 NCUSIF Deposit 107,664
 All Other Assets 0
  TOTAL ASSETS 11,947,412
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 1,400,000
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,475,147
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 8,475,147
  TOTAL LIABILITIES 9,875,147
 Regular Reserve 0
 Other Reserves 590,778
 Undivided Earnings 1,481,487
  TOTAL EQUITY 2,072,265
  TOTAL LIABILITIES, SHARES, & EQUITY 11,947,412
INCOME & EXPENSE  
 Loan Income 266,916
 Investment Income 111,602
 Other Income 1,675
 Total Employee Compensation & Benefits 239,591
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 111,746
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 42,883
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -14,027
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