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UNITED ASSOCIATION CREDIT UNION

Dec, 31, 2023 — UNITED ASSOCIATION CREDIT UNION is a federally insured state chartered credit union headquartered in CONCORD, CA with 1 branch location and about $12.52 million in total assets. Opened 67 years ago in 1957, UNITED ASSOCIATION CREDIT UNION has about 2,069 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:UNITED ASSOCIATION CREDIT UNION
Address:
(Main Office)
935 Detroit Ave
CONCORD, CA 94518
Phone:(925) 686-1044
Fax:(925) 676-2752
Website:https://unitedassociationcu.org
Branches:1 branch locations
Members:2,069
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:65155
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1957
Last Audited:Feb 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$12,524,164
CEO/Manager:Rawnie Thomas
Chairperson:John Patten

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,542,027
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 425,413
 Other Loans 5,042,556
 TOTAL LOANS 5,467,969
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -11,759
 Land And Building 0
 Other Fixed Assets 51
 NCUSIF Deposit 104,392
 All Other Assets 0
  TOTAL ASSETS 12,524,164
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,332
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 10,500,655
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 10,500,655
  TOTAL LIABILITIES 10,504,987
 Regular Reserve 0
 Other Reserves 106,528
 Undivided Earnings 1,912,649
  TOTAL EQUITY 2,019,177
  TOTAL LIABILITIES, SHARES, & EQUITY 12,524,164
INCOME & EXPENSE  
 Loan Income 206,187
 Investment Income 165,319
 Other Income 31,020
 Total Employee Compensation & Benefits 316,226
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 99,633
 Non-operating Income & (Expense) 295,380
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 6,529
 Cost of Funds 11,995
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 263,523
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