Dec, 31, 2023 — PARK CITY CREDIT UNION is a federally insured state chartered credit union headquartered in MERRILL, WI with 4 branch locations and about $347.61 million in total assets. Opened 86 years ago in 1938, PARK CITY CREDIT UNION has about 24,701 members and employs 93 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PARK CITY CREDIT UNION |
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Address: (Main Office) | 501 S Pine Ridge Ave MERRILL, WI 54452 |
Phone: | (715) 536-8351 |
Fax: | (715) 536-9063 |
Website: | https://www.parkcitycu.org |
Branches: | 4 branch locations |
Members: | 24,701 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67196 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $347,611,179 |
CEO/Manager: | Volala M Mindak |
Chairperson: | James Richardson |
ASSETS: | $ Amount |
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Cash & Equivalents | 15,366,584 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 121,278,036 |
Unsecured Loans | 5,890,676 |
Other Loans | 130,123,069 |
TOTAL LOANS | 263,837,740 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,509,561 |
Land And Building | 10,175,833 |
Other Fixed Assets | 1,834,589 |
NCUSIF Deposit | 2,950,262 |
All Other Assets | 10,000 |
TOTAL ASSETS | 347,611,179 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 184,516 |
Notes & Interest Payable | 18,333,291 |
Accounts Payable & Other Liabilities | 4,350,379 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 86,361,696 |
Regular shares | 96,460,278 |
All Other Shares & Deposits | 113,289,508 |
TOTAL SHARES & DEPOSITS | 296,111,482 |
TOTAL LIABILITIES | 318,979,668 |
Regular Reserve | 0 |
Other Reserves | 3,270,623 |
Undivided Earnings | 25,360,888 |
TOTAL EQUITY | 28,631,511 |
TOTAL LIABILITIES, SHARES, & EQUITY | 347,611,179 |
INCOME & EXPENSE | |
Loan Income | 11,643,486 |
Investment Income | 1,734,860 |
Other Income | 2,496,175 |
Total Employee Compensation & Benefits | 6,642,955 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,438,237 |
Non-operating Income & (Expense) | -20,912 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 346,870 |
Cost of Funds | 2,545,829 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 2,898,421 |
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