Dec, 31, 2023 — MINI-CASSIA EMPL. CREDIT UNION is a non-federally insured state credit union headquartered in BURLEY, ID with 1 branch location and about $520,411 in total assets. Opened 69 years ago in 1955, MINI-CASSIA EMPL. CREDIT UNION has about 344 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MINI-CASSIA EMPL. CREDIT UNION |
|---|---|
| Address: (Main Office) | 121 Palmer rd BURLEY, ID 83318 |
| Phone: | (208) 219-0726 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 344 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 82527 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Jan 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $520,411 |
| CEO/Manager: | Jonathan H Ostler |
| Chairperson: | Thomas G Fisher |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 61,469 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 6,922 |
| Other Loans | 473,138 |
| TOTAL LOANS | 480,060 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,151 |
| Land And Building | 0 |
| Other Fixed Assets | 411 |
| NCUSIF Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 520,411 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,095 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 340 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 434,438 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 434,438 |
| TOTAL LIABILITIES | 435,873 |
| Regular Reserve | 0 |
| Other Reserves | 23,034 |
| Undivided Earnings | 61,504 |
| TOTAL EQUITY | 84,538 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 520,411 |
| INCOME & EXPENSE | |
| Loan Income | 31,243 |
| Investment Income | 0 |
| Other Income | 13 |
| Total Employee Compensation & Benefits | 9,749 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 8,227 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,000 |
| Cost of Funds | 4,068 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,212 |
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» See also Statement of Financial Condition