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National Credit Union Service Organization

PROVO POLICE & FIRE DEPT. CREDIT UNION

Dec, 31, 2023 — PROVO POLICE & FIRE DEPT. CREDIT UNION is a federally insured state chartered credit union headquartered in PROVO, UT with 1 branch location and about $2.38 million in total assets. Opened 75 years ago in 1949, PROVO POLICE & FIRE DEPT. CREDIT UNION has about 881 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PROVO POLICE & FIRE DEPT. CREDIT UNION
Address:
(Main Office)
250 W Center St Ste 114
PROVO, UT 84601-8403
Phone:(801) 377-5634
Fax:(801) 377-5634
Website:n/a
Branches:1 branch locations
Members:881
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67110
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1949
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$2,383,354
CEO/Manager:Sheldon B Lindsay
Chairperson:Gary Jolley

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 518,374
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 9,229
 Other Loans 1,616,943
 TOTAL LOANS 1,626,172
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -69,500
 Land And Building 0
 Other Fixed Assets 2,001
 NCUSIF Deposit 27,617
 All Other Assets 0
  TOTAL ASSETS 2,383,354
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 408
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,002,022
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,002,022
  TOTAL LIABILITIES 2,002,430
 Regular Reserve 0
 Other Reserves 125,865
 Undivided Earnings 255,059
  TOTAL EQUITY 380,924
  TOTAL LIABILITIES, SHARES, & EQUITY 2,383,354
INCOME & EXPENSE  
 Loan Income 86,080
 Investment Income 34,983
 Other Income 0
 Total Employee Compensation & Benefits 38,167
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 36,293
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,585
 Cost of Funds 33,403
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 9,615
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