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National Credit Union Service Organization

UTAH PRISON EMPLOYEES CREDIT UNION

Dec, 31, 2023 — UTAH PRISON EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in Draper, UT with 0 branch location and about $3.34 million in total assets. Opened 70 years ago in 1954, UTAH PRISON EMPLOYEES CREDIT UNION has about 1,221 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:UTAH PRISON EMPLOYEES CREDIT UNION
Address:
(Main Office)
P. O. Box 250
Draper, UT 84020
Phone:(801) 576-7490
Fax:(801) 576-4090
Website:n/a
Branches:0 branch locations
Members:1,221
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67157
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1954
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$3,337,631
CEO/Manager:Jennessa Hansen
Chairperson:Kristine Argyle

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,358,566
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 146,137
 Other Loans 1,833,793
 TOTAL LOANS 1,979,930
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -60,314
 Land And Building 0
 Other Fixed Assets 2,301
 NCUSIF Deposit 28,735
 All Other Assets 0
  TOTAL ASSETS 3,337,631
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 22,972
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,279,828
 All Other Shares & Deposits 722,995
  TOTAL SHARES & DEPOSITS 3,002,823
  TOTAL LIABILITIES 3,025,795
 Regular Reserve 0
 Other Reserves 264,465
 Undivided Earnings 47,371
  TOTAL EQUITY 311,836
  TOTAL LIABILITIES, SHARES, & EQUITY 3,337,631
INCOME & EXPENSE  
 Loan Income 98,838
 Investment Income 6,752
 Other Income 7,437
 Total Employee Compensation & Benefits 50,420
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 57,520
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 10,320
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -3,176
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