Dec, 31, 2023 — EAST COUNTY SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in EL CAJON, CA with 1 branch location and about $152.74 million in total assets. Opened 68 years ago in 1956, EAST COUNTY SCHOOLS FEDERAL CREDIT UNION has about 4,643 members and employs 18 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EAST COUNTY SCHOOLS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1069 Graves Ave Ste 100 EL CAJON, CA 92021-4573 |
Phone: | (619) 588-1515 |
Fax: | (619) 588-2197 |
Website: | https://www.eastcountyschools.org |
Branches: | 1 branch locations |
Members: | 4,643 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11099 |
---|---|
Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $152,735,373 |
CEO/Manager: | Steven A Devan |
Chairperson: | Paul Schnaubelt |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,519,902 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 54,216,007 |
Unsecured Loans | 5,188,336 |
Other Loans | 21,133,845 |
TOTAL LOANS | 80,538,188 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -213,487 |
Land And Building | 1,707,137 |
Other Fixed Assets | 569,112 |
NCUSIF Deposit | 1,153,344 |
All Other Assets | 0 |
TOTAL ASSETS | 152,735,373 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,490,579 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 47,932,776 |
Regular shares | 38,193,810 |
All Other Shares & Deposits | 52,603,218 |
TOTAL SHARES & DEPOSITS | 138,729,804 |
TOTAL LIABILITIES | 140,220,383 |
Regular Reserve | 0 |
Other Reserves | -2,788 |
Undivided Earnings | 12,517,778 |
TOTAL EQUITY | 12,514,990 |
TOTAL LIABILITIES, SHARES, & EQUITY | 152,735,373 |
INCOME & EXPENSE | |
Loan Income | 3,026,678 |
Investment Income | 1,048,574 |
Other Income | 92,494 |
Total Employee Compensation & Benefits | 1,818,260 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,620,510 |
Non-operating Income & (Expense) | 61,379 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 93,119 |
Cost of Funds | 960,869 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 180,580 |
↑ Back to Top |