Dec, 31, 2023 — CAL STATE L.A. FEDERAL CREDIT UNION is a federal credit union headquartered in LOS ANGELES, CA with 2 branch locations and about $75.30 million in total assets. Opened 63 years ago in 1961, CAL STATE L.A. FEDERAL CREDIT UNION has about 4,515 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CAL STATE L.A. FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 2445 MARIONDALE AVE LOS ANGELES, CA 90032 |
Phone: | (323) 505-2600 |
Fax: | (323) 505-2613 |
Website: | https://www.calstatela-fcu.org |
Branches: | 2 branch locations |
Members: | 4,515 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14499 |
---|---|
Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1961 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $75,303,388 |
CEO/Manager: | Marc Jacoby |
Chairperson: | MARIA GUTIERREZ |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,454,028 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 42,250,418 |
Unsecured Loans | 4,789,691 |
Other Loans | 9,413,656 |
TOTAL LOANS | 56,453,766 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -102,238 |
Land And Building | 2,282,807 |
Other Fixed Assets | 258,580 |
NCUSIF Deposit | 645,282 |
All Other Assets | 0 |
TOTAL ASSETS | 75,303,388 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 3,000,000 |
Accounts Payable & Other Liabilities | 972,156 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 15,611,583 |
Regular shares | 32,143,934 |
All Other Shares & Deposits | 17,594,730 |
TOTAL SHARES & DEPOSITS | 65,350,247 |
TOTAL LIABILITIES | 69,322,403 |
Regular Reserve | 0 |
Other Reserves | -514,904 |
Undivided Earnings | 6,495,889 |
TOTAL EQUITY | 5,980,985 |
TOTAL LIABILITIES, SHARES, & EQUITY | 75,303,388 |
INCOME & EXPENSE | |
Loan Income | 2,518,547 |
Investment Income | 166,341 |
Other Income | 160,839 |
Total Employee Compensation & Benefits | 1,325,736 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,267,169 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 14,200 |
Cost of Funds | 571,795 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 86,842 |
↑ Back to Top |