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National Credit Union Service Organization

PARK CITY CREDIT UNION

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.


ABA Routing Number: 291580614
Name:PARK CITY CREDIT UNION
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
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

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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