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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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