Dec, 31, 2021 — P & S CREDIT UNION is a federally insured state chartered credit union headquartered in SALT LAKE CITY, UT with 0 branch location and about $17.59 million in total assets. Opened 42 years ago in 1980, P & S CREDIT UNION has about 1,604 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | P & S CREDIT UNION |
|---|---|
| Address: (Main Office) | 2250 S Redwood Rd Ste 6 SALT LAKE CITY, UT 84119-1356 |
| Phone: | (801) 973-0575 |
| Fax: | (801) 977-8414 |
| Website: | http://www.pandscu.org |
| Branches: | 0 branch locations |
| Members: | 1,604 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67056 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1980 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,592,737 |
| CEO/Manager: | Tammy Morgan |
| Chairperson: | Allen Robins |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,262,581 |
| TOTAL INVESTMENTS | 965,378 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,592,314 |
| Unsecured Loans | 608,582 |
| Other Loans | 9,005,780 |
| TOTAL LOANS | 13,206,676 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -142,835 |
| Land And Building | 0 |
| Other Fixed Assets | 67,251 |
| NCUSIF Deposit | 140,196 |
| All Other Assets | 93,490 |
| TOTAL ASSETS | 17,592,737 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 734 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 282,327 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,389,340 |
| Regular shares | 10,792,905 |
| All Other Shares & Deposits | 2,790,253 |
| TOTAL SHARES & DEPOSITS | 15,972,498 |
| TOTAL LIABILITIES | 16,255,559 |
| Regular Reserve | 975,177 |
| Other Reserves | 131,309 |
| Undivided Earnings | 230,692 |
| TOTAL EQUITY | 1,337,178 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,592,737 |
| INCOME & EXPENSE | |
| Loan Income | 531,602 |
| Investment Income | 17,459 |
| Other Income | 74,726 |
| Total Employee Compensation & Benefits | 316,539 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 348,137 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 17,888 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 23,687 |
| ↑ Back to Top | |