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PLUS CREDIT UNION

Mar, 31, 2021 — PLUS CREDIT UNION is a non-federally insured state credit union headquartered in LAS VEGAS, NV with 1 branch location and about $113.14 million in total assets. Opened 69 years ago in 1952, PLUS CREDIT UNION has about 9,391 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PLUS CREDIT UNION
Address:
(Main Office)
P.O. BOX 26597
LAS VEGAS, NV 89126
Phone:(702) 871-4746
Fax:(702) 871-3974
Website:http://www.pluscu.org
Branches:1 branch locations
Members:9,391
Credit Union Type:Non-Federally Insured State Credit Union
Charter Number:86756
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1952
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$113,139,711
CEO/Manager:Carol Schumacher
Chairperson:Robert Cannon

Call Report

  • Commercial Loans
  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Insurance/Investment Sales
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 24,849,012
TOTAL INVESTMENTS 43,617,917
Loans Held for Sale 0
 
 Real Estate Loans 27,627,140
 Unsecured Loans 1,248,340
 Other Loans 10,651,131
 TOTAL LOANS 39,613,718
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -137,990
 Land And Building 3,066,375
 Other Fixed Assets 275,755
 NCUSIF Deposit 1,228,520
 All Other Assets 626,404
  TOTAL ASSETS 113,139,711
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 271,138
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 21,908,637
 Regular shares 46,395,028
 All Other Shares & Deposits 31,639,388
  TOTAL SHARES & DEPOSITS 99,943,053
  TOTAL LIABILITIES 100,214,191
 Regular Reserve 12,574,275
 Other Reserves 369,390
 Undivided Earnings -18,145
  TOTAL EQUITY 12,925,520
  TOTAL LIABILITIES, SHARES, & EQUITY 113,139,711
INCOME & EXPENSE  
 Loan Income 445,075
 Investment Income 90,268
 Other Income 109,637
 Total Employee Compensation & Benefits 390,118
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 386,316
 Non-operating Income & (Expense) -2,666
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -14,540
 Cost of Funds 34,161
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -18,144
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