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Cash Surrender Value Life Insurance
12 Months Ended
Jun. 30, 2025
Cash Surrender Value Life Insurance  
Cash Surrender Value Life Insurance

Note 8 -     Cash Surrender Value Life Insurance

The Company is the owner and the beneficiary of life insurance policies on certain directors and officers of the Company, with aggregate death benefits of approximately $18,196,382 as of June 30, 2025. The cash surrender value on the policies amounted to $9,242,673 and $8,972,785 as of June 30, 2025 and 2024, respectively.