DESERT SAGE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.desertsagefcu.com for more information.
Dec, 31, 2023 — DESERT SAGE FEDERAL CREDIT UNION is a federal credit union headquartered in Nampa, ID with 1 branch location and about $1.27 million in total assets. Opened 71 years ago in 1953, DESERT SAGE FEDERAL CREDIT UNION has about 360 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DESERT SAGE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1104 W Finch DR Nampa, ID 83651 |
| Phone: | (208) 461-9141 |
| Fax: | (208) 461-9149 |
| Website: | https://www.desertsagefcu.com |
| Branches: | 1 branch locations |
| Members: | 360 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8493 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Jul 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,268,505 |
| CEO/Manager: | Paula Morrison |
| Chairperson: | Katie Bledsoe |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 611,814 |
| TOTAL INVESTMENTS | 500 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 71,844 |
| Other Loans | 638,014 |
| TOTAL LOANS | 709,858 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -67,417 |
| Land And Building | 0 |
| Other Fixed Assets | 65 |
| NCUSIF Deposit | 10,538 |
| All Other Assets | 3,147 |
| TOTAL ASSETS | 1,268,505 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 28,005 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 88,062 |
| Regular shares | 982,032 |
| All Other Shares & Deposits | 97,987 |
| TOTAL SHARES & DEPOSITS | 1,168,081 |
| TOTAL LIABILITIES | 1,196,086 |
| Regular Reserve | 30,260 |
| Other Reserves | 0 |
| Undivided Earnings | 42,159 |
| TOTAL EQUITY | 72,419 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,268,505 |
| INCOME & EXPENSE | |
| Loan Income | 67,751 |
| Investment Income | 306 |
| Other Income | 17,738 |
| Total Employee Compensation & Benefits | 43,797 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 58,662 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 79,009 |
| Cost of Funds | 3,153 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -98,826 |
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