Dec, 31, 2023 — UINTAH CREDIT UNION is a federally insured state chartered credit union headquartered in VERNAL, UT with 1 branch location and about $4.38 million in total assets. Opened 69 years ago in 1955, UINTAH CREDIT UNION has about 952 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: | UINTAH CREDIT UNION |
|---|---|
| Address: (Main Office) | 783 W HIGHWAY 40 VERNAL, UT 84078 |
| Phone: | (435) 789-8353 |
| Fax: | (435) 789-7254 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 952 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67156 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,384,618 |
| CEO/Manager: | Dan E Olsen |
| Chairperson: | Dennis Spackman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,335,258 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 137,020 |
| Other Loans | 857,085 |
| TOTAL LOANS | 994,105 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -27,527 |
| Land And Building | 0 |
| Other Fixed Assets | 25 |
| NCUSIF Deposit | 41,800 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,384,618 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,089 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,819,164 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,819,164 |
| TOTAL LIABILITIES | 3,821,253 |
| Regular Reserve | 0 |
| Other Reserves | 145,200 |
| Undivided Earnings | 418,165 |
| TOTAL EQUITY | 563,365 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,384,618 |
| INCOME & EXPENSE | |
| Loan Income | 55,115 |
| Investment Income | 127,431 |
| Other Income | 4,491 |
| Total Employee Compensation & Benefits | 26,979 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 57,545 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,259 |
| Cost of Funds | 7,539 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 91,715 |
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