Jun, 30, 2024 — AMERICAN UNITED FEDERAL CREDIT UNION is a federal credit union headquartered in WEST JORDAN, UT with 11 branch locations and about $376.66 million in total assets. Opened 72 years ago in 1952, AMERICAN UNITED FEDERAL CREDIT UNION has about 25,419 members and employs 96 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | AMERICAN UNITED FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2687 W 7800 S WEST JORDAN, UT 84088 |
| Phone: | (801) 359-9600 |
| Fax: | (801) 569-1206 |
| Website: | https://www.americanunitedcu.org |
| Branches: | 11 branch locations |
| Members: | 25,419 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8187 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $376,661,252 |
| CEO/Manager: | Michelle Thorne |
| Chairperson: | Lisa Jensen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 17,084,358 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 139,473,683 |
| Unsecured Loans | 54,562,444 |
| Other Loans | 98,446,031 |
| TOTAL LOANS | 292,482,158 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,546,061 |
| Land And Building | 11,813,383 |
| Other Fixed Assets | 816,457 |
| NCUSIF Deposit | 2,812,998 |
| All Other Assets | 156,842 |
| TOTAL ASSETS | 376,661,252 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,011,758 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 58,000,222 |
| Regular shares | 80,651,811 |
| All Other Shares & Deposits | 194,587,968 |
| TOTAL SHARES & DEPOSITS | 333,240,001 |
| TOTAL LIABILITIES | 336,251,759 |
| Regular Reserve | 0 |
| Other Reserves | 3,002,279 |
| Undivided Earnings | 37,407,214 |
| TOTAL EQUITY | 40,409,493 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 376,661,252 |
| INCOME & EXPENSE | |
| Loan Income | 12,157,375 |
| Investment Income | 598,622 |
| Other Income | 1,495,875 |
| Total Employee Compensation & Benefits | 5,918,557 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 5,483,761 |
| Non-operating Income & (Expense) | -18,499 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 466,723 |
| Cost of Funds | 2,309,462 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,440,513 |
| ↑ Back to Top | |