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Operating Results

RelyOn Credit Union
Operating Results for Year-End 2019

Assets
Loans to Members $51,157,520
Cash & Investments $12,228,994
Fixed Assets $1,938,667
Other Assets $919,664
Total Assets $66,244,845
Liabilities & Equity
Liabilities $928,369
Equity (Member Deposits) $59,450,247
Reserves & Retained Earnings $5,866,229
Total Liabilities & Equity $66,244,845
Operating Income
Income from Loans $2,513,302
Income from Investments $262,465
Fees & Misc $981,092
Total Income $3,756,859
Operating Expenses
Office Occupancy $256,962
Office Operations $453,164
Professional & Outside Services $501,063
All Other Expenses $2,088,403
Total Expenses $3,299,592

 

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