Jun, 30, 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 $17.42 million in total assets. Opened 41 years ago in 1980, P & S CREDIT UNION has about 1,631 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: | 1,631 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,416,778 |
| CEO/Manager: | Tammy Morgan |
| Chairperson: | Allen Robins |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,207,599 |
| TOTAL INVESTMENTS | 565,158 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,881,163 |
| Unsecured Loans | 532,692 |
| Other Loans | 9,044,309 |
| TOTAL LOANS | 12,458,164 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -149,523 |
| Land And Building | 0 |
| Other Fixed Assets | 76,183 |
| NCUSIF Deposit | 140,196 |
| All Other Assets | 119,001 |
| TOTAL ASSETS | 17,416,778 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 446 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 181,710 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,052,209 |
| Regular shares | 10,391,964 |
| All Other Shares & Deposits | 2,487,916 |
| TOTAL SHARES & DEPOSITS | 15,932,089 |
| TOTAL LIABILITIES | 16,114,245 |
| Regular Reserve | 975,177 |
| Other Reserves | 131,309 |
| Undivided Earnings | 196,047 |
| TOTAL EQUITY | 1,302,533 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,416,778 |
| INCOME & EXPENSE | |
| Loan Income | 264,643 |
| Investment Income | 1,856 |
| Other Income | 34,751 |
| Total Employee Compensation & Benefits | 168,555 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 179,300 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 8,767 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -13,519 |
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