Dec, 31, 2023 — RESPONDERS EMERGENCY SERVICES CREDIT UNION is a federally insured state chartered credit union headquartered in SPOKANE, WA with 1 branch location and about $58.33 million in total assets. Opened 58 years ago in 1966, RESPONDERS EMERGENCY SERVICES CREDIT UNION has about 2,505 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | RESPONDERS EMERGENCY SERVICES CREDIT UNION |
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Address: (Main Office) | 924 W Sinto Ave SPOKANE, WA 99201-2531 |
Phone: | (509) 327-3244 |
Fax: | (509) 327-2920 |
Website: | https://www.myrescu.org/ |
Branches: | 1 branch locations |
Members: | 2,505 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68305 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $58,327,365 |
CEO/Manager: | Joyce A Lockard |
Chairperson: | Ryan Snider |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,020,229 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 8,788,103 |
Unsecured Loans | 1,403,415 |
Other Loans | 29,422,683 |
TOTAL LOANS | 39,614,201 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -225,313 |
Land And Building | 309,500 |
Other Fixed Assets | 119,866 |
NCUSIF Deposit | 423,290 |
All Other Assets | 0 |
TOTAL ASSETS | 58,327,365 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 7 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 295,700 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 9,217,272 |
Regular shares | 23,224,993 |
All Other Shares & Deposits | 16,763,401 |
TOTAL SHARES & DEPOSITS | 49,205,666 |
TOTAL LIABILITIES | 49,501,373 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 8,825,992 |
TOTAL EQUITY | 8,825,992 |
TOTAL LIABILITIES, SHARES, & EQUITY | 58,327,365 |
INCOME & EXPENSE | |
Loan Income | 1,454,231 |
Investment Income | 781,948 |
Other Income | 75,104 |
Total Employee Compensation & Benefits | 688,452 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 891,323 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -625,819 |
Cost of Funds | 311,263 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,359,724 |
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» See also Statement of Financial Condition