Idaho Central Credit Union

Organization Overview

Idaho Central Credit Union is located in Pocatello, ID. As of 12/2021, Idaho Central Credit Union employed 1,902 individuals. Idaho Central Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Idaho Central Credit Union generated $370.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $269.3m during the year ending 12/2021. While expenses have increased by 22.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CREDIT UNION PROVIDING FINANCIAL PRODUCTS AND SERVICES TO MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IDAHO CENTRAL SERVES 489,259 MEMBERS THROUGH 44 LOCATIONS IN IDAHO. WE PROVIDE A FULL RANGE OF FINANCIAL PRODUCTS AND SERVICES TO OUR MEMBERS. WE POOL MEMBER FUNDS AND LOAN THEM TO MEMBERS. ALL EXPENSES ARE EITHER RELATED TO HAVING FUNDS AVAILABLE TO LEND OR OPERATING COSTS. WE PROVIDED LOANS TO 200,180 OF OUR MEMBERS. TOTAL LOANS OUTSTANDING AT THE END OF THE YEAR WERE $6,314,558,038. ALL 489,259 OF OUR MEMBERS PARTICIPATE IN OUR DEPOSIT PRODUCTS. DURING THE YEAR WE SPENT $31,964,051 IN INTEREST EXPENSE TO HAVE FUNDS AVAILABLE TO LEND TO MEMBERS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$370,077,928
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $370,077,928

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