Dec, 31, 2023 — SANTA CLARA COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in SAN JOSE, CA with 6 branch locations and about $977.24 million in total assets. Opened 74 years ago in 1950, SANTA CLARA COUNTY FEDERAL CREDIT UNION has about 47,327 members and employs 134 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SANTA CLARA COUNTY FEDERAL CREDIT UNION |
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Address: (Main Office) | 2099 Gateway Pl Ste 140 SAN JOSE, CA 95110 |
Phone: | (408) 282-0700 |
Fax: | |
Website: | https://www.sccfcu.org |
Branches: | 6 branch locations |
Members: | 47,327 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24299 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $977,236,628 |
CEO/Manager: | Rebecca Reynolds Lytle |
Chairperson: | Traci Hess |
ASSETS: | $ Amount |
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Cash & Equivalents | 80,830,127 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 346,780,628 |
Unsecured Loans | 59,572,517 |
Other Loans | 100,326,817 |
TOTAL LOANS | 506,679,960 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,788,340 |
Land And Building | 0 |
Other Fixed Assets | 4,065,096 |
NCUSIF Deposit | 8,289,689 |
All Other Assets | 138,996 |
TOTAL ASSETS | 977,236,628 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 15,000,000 |
Accounts Payable & Other Liabilities | 12,584,499 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 200,199,956 |
Regular shares | 352,823,324 |
All Other Shares & Deposits | 336,536,903 |
TOTAL SHARES & DEPOSITS | 889,560,184 |
TOTAL LIABILITIES | 917,144,683 |
Regular Reserve | 0 |
Other Reserves | -29,487,311 |
Undivided Earnings | 89,579,256 |
TOTAL EQUITY | 60,091,945 |
TOTAL LIABILITIES, SHARES, & EQUITY | 977,236,628 |
INCOME & EXPENSE | |
Loan Income | 25,016,799 |
Investment Income | 16,639,289 |
Other Income | 2,421,563 |
Total Employee Compensation & Benefits | 19,944,202 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 11,430,505 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,494,817 |
Cost of Funds | 7,511,323 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,675,386 |
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