Dec, 31, 2023 — SIOUXLAND FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH SIOUX CITY, NE with 7 branch locations and about $303.68 million in total assets. Opened 57 years ago in 1967, SIOUXLAND FEDERAL CREDIT UNION has about 26,479 members and employs 74 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SIOUXLAND FEDERAL CREDIT UNION |
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Address: (Main Office) | 3000 Plaza Dr SOUTH SIOUX CITY, NE 68776 |
Phone: | (402) 494-2073 |
Fax: | (402) 494-4107 |
Website: | https://www.siouxlandfederalcu.com |
Branches: | 7 branch locations |
Members: | 26,479 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24327 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1967 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $303,683,880 |
CEO/Manager: | Joel A Steenhoven |
Chairperson: | Jerry R Pfeifer |
ASSETS: | $ Amount |
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Cash & Equivalents | 23,819,293 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 101,565,942 |
Unsecured Loans | 3,235,371 |
Other Loans | 113,361,239 |
TOTAL LOANS | 218,162,553 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -584,731 |
Land And Building | 8,499,150 |
Other Fixed Assets | 1,011,856 |
NCUSIF Deposit | 2,470,681 |
All Other Assets | 224,007 |
TOTAL ASSETS | 303,683,880 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 18,868 |
Notes & Interest Payable | 2,000,000 |
Accounts Payable & Other Liabilities | 1,944,879 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 61,040,894 |
Regular shares | 81,128,843 |
All Other Shares & Deposits | 122,469,214 |
TOTAL SHARES & DEPOSITS | 264,638,951 |
TOTAL LIABILITIES | 268,602,698 |
Regular Reserve | 0 |
Other Reserves | 3,606,282 |
Undivided Earnings | 31,474,900 |
TOTAL EQUITY | 35,081,182 |
TOTAL LIABILITIES, SHARES, & EQUITY | 303,683,880 |
INCOME & EXPENSE | |
Loan Income | 9,637,573 |
Investment Income | 1,188,312 |
Other Income | 1,847,259 |
Total Employee Compensation & Benefits | 6,043,675 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 5,091,285 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 70,800 |
Cost of Funds | 2,243,332 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,607,711 |
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