Dec, 31, 2023 — GREAT BASIN FEDERAL CREDIT UNION is a federal credit union headquartered in RENO, NV with 3 branch locations and about $275.77 million in total assets. Opened 73 years ago in 1951, GREAT BASIN FEDERAL CREDIT UNION has about 22,635 members and employs 56 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | GREAT BASIN FEDERAL CREDIT UNION |
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Address: (Main Office) | 9770 S Virginia St RENO, NV 89511-5941 |
Phone: | (775) 333-4228 |
Fax: | (775) 789-3157 |
Website: | https://www.greatbasin.org |
Branches: | 3 branch locations |
Members: | 22,635 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7063 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1951 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $275,767,580 |
CEO/Manager: | Jennifer Denoo |
Chairperson: | Ron Korman |
ASSETS: | $ Amount |
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Cash & Equivalents | 49,973,579 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 70,705,513 |
Unsecured Loans | 9,729,755 |
Other Loans | 116,496,720 |
TOTAL LOANS | 196,931,988 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,478,488 |
Land And Building | 5,537,660 |
Other Fixed Assets | 590,192 |
NCUSIF Deposit | 2,397,859 |
All Other Assets | 78,445 |
TOTAL ASSETS | 275,767,580 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,542,991 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 61,558,711 |
Regular shares | 117,194,222 |
All Other Shares & Deposits | 66,904,450 |
TOTAL SHARES & DEPOSITS | 245,657,383 |
TOTAL LIABILITIES | 248,200,374 |
Regular Reserve | 0 |
Other Reserves | 262,515 |
Undivided Earnings | 27,304,691 |
TOTAL EQUITY | 27,567,206 |
TOTAL LIABILITIES, SHARES, & EQUITY | 275,767,580 |
INCOME & EXPENSE | |
Loan Income | 9,199,528 |
Investment Income | 1,566,133 |
Other Income | 2,350,824 |
Total Employee Compensation & Benefits | 4,235,243 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,895,114 |
Non-operating Income & (Expense) | 318,836 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 872,830 |
Cost of Funds | 1,297,934 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,289,454 |
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» See also Statement of Financial Condition