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Operating Results

RelyOn Credit Union
Operating Results for Year-End 2021 (unaudited)

Assets
Loans to Members $68,138,483
Cash & Investments $12,606,424
Fixed Assets $2,948,072
Other Assets $1,413,058
Total Assets $85,106,036
Liabilities & Equity
Member Deposits $79,939,652
Liabilities $1,989,733
Reserves & Retained Earnings $6,176,651
Total Liabilities & Equity $85,106,036
Income
Interest Income from Loans $4,436,605
Interest Income from Investments $106,695
Fees & Miscellaneous $1,909,842
Total Income $6,453,142
Operating Expenses
Salaries & Benefits $2,485,086
Office Occupancy $365,428
Office Operations $728,427
Professional & Outside Services $966,043
All Other Expenses $620,426
Total Expenses $5,165,409