Dec, 31, 2023 — ONE NEVADA CREDIT UNION is a federally insured state chartered credit union headquartered in LAS VEGAS, NV with 14 branch locations and about $1.34 billion in total assets. Opened 74 years ago in 1950, ONE NEVADA CREDIT UNION has about 75,488 members and employs 201 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ONE NEVADA CREDIT UNION |
|---|---|
| Address: (Main Office) | 2645 S Mojave Rd LAS VEGAS, NV 89121-1238 |
| Phone: | (702) 457-1000 |
| Fax: | |
| Website: | https://www.onenevada.org |
| Branches: | 14 branch locations |
| Members: | 75,488 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68613 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,342,920,646 |
| CEO/Manager: | Paul Parrish |
| Chairperson: | Michael Lantz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 301,042,370 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 1,345,017 |
| Real Estate Loans | 310,555,759 |
| Unsecured Loans | 45,147,434 |
| Other Loans | 229,738,810 |
| TOTAL LOANS | 585,442,003 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,281,555 |
| Land And Building | 4,004,274 |
| Other Fixed Assets | 2,561,808 |
| NCUSIF Deposit | 11,289,447 |
| All Other Assets | 126,804 |
| TOTAL ASSETS | 1,342,920,646 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 21,165,603 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 290,811,772 |
| Regular shares | 507,421,906 |
| All Other Shares & Deposits | 355,689,498 |
| TOTAL SHARES & DEPOSITS | 1,153,923,176 |
| TOTAL LIABILITIES | 1,175,088,779 |
| Regular Reserve | 0 |
| Other Reserves | 29,005,286 |
| Undivided Earnings | 138,826,581 |
| TOTAL EQUITY | 167,831,867 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,342,920,646 |
| INCOME & EXPENSE | |
| Loan Income | 27,180,990 |
| Investment Income | 32,431,443 |
| Other Income | 18,008,458 |
| Total Employee Compensation & Benefits | 21,298,379 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 24,766,943 |
| Non-operating Income & (Expense) | -2,974,381 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,289,839 |
| Cost of Funds | 8,052,625 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 24,913,978 |
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