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PLUS CREDIT UNION

Jun, 30, 2021 — PLUS CREDIT UNION is a non-federally insured state credit union headquartered in LAS VEGAS, NV with 1 branch location and about $116.82 million in total assets. Opened 69 years ago in 1952, PLUS CREDIT UNION has about 9,313 members and employs 21 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:9,313
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$116,818,260
CEO/Manager:Carol Schumacher
Chairperson:Robert Cannon

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 24,000,471
TOTAL INVESTMENTS 46,974,073
Loans Held for Sale 0
 
 Real Estate Loans 27,718,405
 Unsecured Loans 1,234,817
 Other Loans 11,684,740
 TOTAL LOANS 40,723,825
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -100,672
 Land And Building 3,043,207
 Other Fixed Assets 260,751
 NCUSIF Deposit 1,228,520
 All Other Assets 688,085
  TOTAL ASSETS 116,818,260
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 299,637
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 21,645,834
 Regular shares 50,038,751
 All Other Shares & Deposits 31,935,163
  TOTAL SHARES & DEPOSITS 103,619,748
  TOTAL LIABILITIES 103,919,385
 Regular Reserve 12,574,274
 Other Reserves 353,640
 Undivided Earnings -29,039
  TOTAL EQUITY 12,898,875
  TOTAL LIABILITIES, SHARES, & EQUITY 116,818,260
INCOME & EXPENSE  
 Loan Income 878,566
 Investment Income 182,515
 Other Income 210,314
 Total Employee Compensation & Benefits 828,586
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 748,754
 Non-operating Income & (Expense) -2,666
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -50,767
 Cost of Funds 67,975
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -29,037
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