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MINI-CASSIA EMPL. CREDIT UNION

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

Call Report

Financial Summary

» See also Statement of Financial Condition
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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