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LAS VEGAS UP EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — LAS VEGAS UP EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in LAS VEGAS, NV with 1 branch location and about $4.02 million in total assets. Opened 72 years ago in 1952, LAS VEGAS UP EMPLOYEES FEDERAL CREDIT UNION has about 749 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:LAS VEGAS UP EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
320 NORTH 10TH STREET,
LAS VEGAS, NV 89101
Phone:(702) 382-9688
Fax:(702) 382-9521
Website:n/a
Branches:1 branch locations
Members:749
Credit Union Type:Federal Credit Union
Charter Number:7698
Membership Type:Multiple common bond - Primarily transportation
Corporate Credit Union:No
Year Opened:1952
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$4,023,920
CEO/Manager:Nektaria P Felecos
Chairperson:Kelly Walsh

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,087,158
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 404,049
 Other Loans 711,246
 TOTAL LOANS 1,115,295
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -22,306
 Land And Building 9,801
 Other Fixed Assets 17,802
 NCUSIF Deposit 27,578
 All Other Assets 0
  TOTAL ASSETS 4,023,920
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 10,500
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,824,190
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,824,190
  TOTAL LIABILITIES 2,834,690
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,189,230
  TOTAL EQUITY 1,189,230
  TOTAL LIABILITIES, SHARES, & EQUITY 4,023,920
INCOME & EXPENSE  
 Loan Income 100,332
 Investment Income 8,607
 Other Income 18,277
 Total Employee Compensation & Benefits 128,581
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 64,335
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -6,230
 Cost of Funds 8,287
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -67,757
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