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CAL STATE L.A. FEDERAL CREDIT UNION

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.


ABA Routing Number: 322077274
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

Call Report

  • Payday Alternative Loans (PAL Loans)
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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
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