Dec, 31, 2023 — CHEVRON FEDERAL CREDIT UNION is a federal credit union headquartered in CONCORD, CA with 19 branch locations and about $4.67 billion in total assets. Opened 89 years ago in 1935, CHEVRON FEDERAL CREDIT UNION has about 135,514 members and employs 355 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CHEVRON FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 2300 Clayton Rd Ste 700 CONCORD, CA 94520 |
Phone: | (510) 627-5000 |
Fax: | |
Website: | https://www.chevronfcu.org |
Branches: | 19 branch locations |
Members: | 135,514 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24326 |
---|---|
Membership Type: | Multiple common bond - Primarily petroleum refining |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $4,668,469,788 |
CEO/Manager: | Jon Berlin |
Chairperson: | David Andrade |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 315,552,685 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,205,907,597 |
Unsecured Loans | 74,947,908 |
Other Loans | 799,124,647 |
TOTAL LOANS | 4,079,980,152 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -70,987,282 |
Land And Building | 254,182 |
Other Fixed Assets | 9,853,178 |
NCUSIF Deposit | 33,641,036 |
All Other Assets | 165,952 |
TOTAL ASSETS | 4,668,469,788 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 36,940,527 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 373,273,443 |
Regular shares | 316,920,315 |
All Other Shares & Deposits | 3,335,218,287 |
TOTAL SHARES & DEPOSITS | 4,025,412,046 |
TOTAL LIABILITIES | 4,062,352,573 |
Regular Reserve | 0 |
Other Reserves | 20,608,464 |
Undivided Earnings | 585,508,751 |
TOTAL EQUITY | 606,117,215 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,668,469,788 |
INCOME & EXPENSE | |
Loan Income | 152,607,480 |
Investment Income | 20,473,234 |
Other Income | 3,891,077 |
Total Employee Compensation & Benefits | 47,589,377 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 26,918,750 |
Non-operating Income & (Expense) | 984,473 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,176,181 |
Cost of Funds | 119,470,118 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -17,369,981 |
↑ Back to Top |