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LAS VEGAS UP EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — LAS VEGAS UP EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in LAS VEGAS, NV with 1 branch location and about $4.33 million in total assets. Opened 69 years ago in 1952, LAS VEGAS UP EMPLOYEES FEDERAL CREDIT UNION has about 775 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:775
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$4,327,132
CEO/Manager:Nektaria P Felecos
Chairperson:Kelly Walsh

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 755,994
TOTAL INVESTMENTS 2,076,651
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 478,449
 Other Loans 987,614
 TOTAL LOANS 1,466,063
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -29,321
 Land And Building 9,801
 Other Fixed Assets 11,568
 NCUSIF Deposit 29,767
 All Other Assets 6,609
  TOTAL ASSETS 4,327,132
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 9,393
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,036,044
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 3,036,044
  TOTAL LIABILITIES 3,045,437
 Regular Reserve 350,000
 Other Reserves 0
 Undivided Earnings 931,695
  TOTAL EQUITY 1,281,695
  TOTAL LIABILITIES, SHARES, & EQUITY 4,327,132
INCOME & EXPENSE  
 Loan Income 83,803
 Investment Income 3,682
 Other Income 11,071
 Total Employee Compensation & Benefits 75,166
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 39,252
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -2,160
 Cost of Funds 5,618
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -19,320
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