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Operating Results

RelyOn Credit Union
Operating Results for Year-End 2022 (unaudited)

Assets
Loans to Members $72,692,455
Cash & Investments $13,947,361
Fixed Assets $4,217,054
Other Assets $1,469,934
Total Assets $92,326,804
Liabilities & Equity
Member Deposits $81,435,383
Liabilities $2,940,646
Reserves & Retained Earnings $7,950,775
Total Liabilities & Equity $92,326,804
Income
Interest Income from Loans $4,816,806
Interest Income from Investments $169,630
Fees & Miscellaneous $2,132,655
Total Income $7,119,091
Operating Expenses
Salaries & Benefits $3,159,653
Office Occupancy $365,808
Office Operations $833,439
Professional & Outside Services $1,504,364
All Other Expenses $699,676
Total Expenses $6,562,941