SIMPLOT Credit Union Profile

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SIMPLOT

Charter #63405 | NCUA Region 3 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (208) 234-5360

Fax: (208) 235-5649

Founding Date: N/A

Website: http://www.simplotcu.com

Personnel & Operations

President: Phillips, Rick

Manager: Wellard, Amy

FT Employees: 13

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: 9:00 AM - 5:30 PM

Credit Union Profile Summary

SIMPLOT is a FISCU Credit Union. With a total of 5,645 members [1], this institution manages approximately $56,912,616 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 21.77% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 0.42% [1].

Financial Snapshot

Total Assets [1]
$56,912,616

Total economic resources.

Total Loans [1]
$39,440,079

Total value of outstanding loans.

Total Deposits [1]
$43,784,542

Total funds deposited by members.

Members [1]
5,645

Number of active members.

Performance Ratios

Net Worth Ratio [1]
21.77%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.95%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
90.08%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
3.73%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
0.42%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-0.51%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1880 GARRETT WAY

POCATELLO, ID, 83201-5113

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by SIMPLOT (Charter #63405).

Main Office

Pocatello Simplot Credit Union Main Office

Type: Corporate Office

1880 Garrett Way

Pocatello, ID 83201-5113

Phone: (208) 234-5360

Services: Member Services, Drive-Thru

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