Dec, 31, 2023 — S E A CREDIT UNION is a federally insured state chartered credit union headquartered in RICHFIELD, UT with 1 branch location and about $5.78 million in total assets. Opened 67 years ago in 1957, S E A CREDIT UNION has about 656 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | S E A CREDIT UNION |
|---|---|
| Address: (Main Office) | 275 E 800 N RICHFIELD, UT 84701 |
| Phone: | (435) 201-2085 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 656 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67149 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,776,045 |
| CEO/Manager: | Brent Prisbrey |
| Chairperson: | Don Sudweeks |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 682,312 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 114,737 |
| Other Loans | 4,472,443 |
| TOTAL LOANS | 4,587,180 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,153 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 44,389 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,776,045 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,834 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,459,232 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 4,459,232 |
| TOTAL LIABILITIES | 4,463,066 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,312,979 |
| TOTAL EQUITY | 1,312,979 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,776,045 |
| INCOME & EXPENSE | |
| Loan Income | 203,467 |
| Investment Income | 54,499 |
| Other Income | 1,868 |
| Total Employee Compensation & Benefits | 61,831 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 40,361 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,880 |
| Cost of Funds | 120,898 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 29,864 |
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