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PAHRANAGAT VALLEY FEDERAL CREDIT UNION

Dec, 31, 2023 — PAHRANAGAT VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in ALAMO, NV with 1 branch location and about $32.32 million in total assets. Opened 66 years ago in 1958, PAHRANAGAT VALLEY FEDERAL CREDIT UNION has about 2,187 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PAHRANAGAT VALLEY FEDERAL CREDIT UNION
Address:
(Main Office)
169 Main St
ALAMO, NV 89001
Phone:(775) 725-3586
Fax:(775) 725-3585
Website:https://www.pvfcu.net
Branches:1 branch locations
Members:2,187
Credit Union Type:Federal Credit Union
Charter Number:12686
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1958
Last Audited:May 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$32,317,290
CEO/Manager:Robin E Simmers
Chairperson:Stephen Roemer

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,515,183
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,678,304
 Unsecured Loans 1,185,113
 Other Loans 8,808,958
 TOTAL LOANS 14,672,375
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -321,725
 Land And Building 133,952
 Other Fixed Assets 1,986
 NCUSIF Deposit 271,928
 All Other Assets 0
  TOTAL ASSETS 32,317,290
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 52,242
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,746,916
 Regular shares 17,745,832
 All Other Shares & Deposits 5,761,440
  TOTAL SHARES & DEPOSITS 29,254,188
  TOTAL LIABILITIES 29,306,430
 Regular Reserve 0
 Other Reserves 246,947
 Undivided Earnings 2,763,913
  TOTAL EQUITY 3,010,860
  TOTAL LIABILITIES, SHARES, & EQUITY 32,317,290
INCOME & EXPENSE  
 Loan Income 771,871
 Investment Income 458,875
 Other Income 48,306
 Total Employee Compensation & Benefits 458,387
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 515,776
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 293,179
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 157,414
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