Dec, 31, 2023 — ROLLING F CREDIT UNION is a federally insured state chartered credit union headquartered in TURLOCK, CA with 2 branch locations and about $67.07 million in total assets. Opened 76 years ago in 1948, ROLLING F CREDIT UNION has about 5,053 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ROLLING F CREDIT UNION |
|---|---|
| Address: (Main Office) | 2101 GEER RD STE 401 TURLOCK, CA 95382-2471 |
| Phone: | (209) 634-2911 |
| Fax: | (209) 634-3362 |
| Website: | https://www.rollingf.org |
| Branches: | 2 branch locations |
| Members: | 5,053 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61128 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $67,069,998 |
| CEO/Manager: | Steven Brown |
| Chairperson: | Jose Sabala |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,604,865 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 13,504,041 |
| Unsecured Loans | 2,113,452 |
| Other Loans | 19,467,722 |
| TOTAL LOANS | 35,085,215 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -51,826 |
| Land And Building | 80,879 |
| Other Fixed Assets | 74,663 |
| NCUSIF Deposit | 557,376 |
| All Other Assets | 0 |
| TOTAL ASSETS | 67,069,998 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 126,755 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 814,509 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,560,008 |
| Regular shares | 40,274,439 |
| All Other Shares & Deposits | 10,409,271 |
| TOTAL SHARES & DEPOSITS | 59,243,718 |
| TOTAL LIABILITIES | 60,184,982 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 6,885,016 |
| TOTAL EQUITY | 6,885,016 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 67,069,998 |
| INCOME & EXPENSE | |
| Loan Income | 1,353,456 |
| Investment Income | 835,927 |
| Other Income | 22,118 |
| Total Employee Compensation & Benefits | 888,880 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 579,745 |
| Non-operating Income & (Expense) | 25,000 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,973 |
| Cost of Funds | 217,475 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 627,311 |
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