WESTERN STATES REGIONAL FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — WESTERN STATES REGIONAL FEDERAL CREDIT UNION is a federal credit union headquartered in Los Angeles, CA with 1 branch location and about $660,735 in total assets. Opened 70 years ago in 1954, WESTERN STATES REGIONAL FEDERAL CREDIT UNION has about 260 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WESTERN STATES REGIONAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 920 South Alvarado Street Los Angeles, CA 90006 |
| Phone: | (213) 385-0271 |
| Fax: | (213) 385-2615 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 260 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9255 |
|---|---|
| Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $660,735 |
| CEO/Manager: | M. Mitchell Bonca |
| Chairperson: | Cristina R Vazquez |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 274,865 |
| TOTAL INVESTMENTS | 271,041 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 58,014 |
| Other Loans | 49,158 |
| TOTAL LOANS | 107,172 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,321 |
| Land And Building | 0 |
| Other Fixed Assets | 1,467 |
| NCUSIF Deposit | 5,650 |
| All Other Assets | 2,861 |
| TOTAL ASSETS | 660,735 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 83 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 455,478 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 455,478 |
| TOTAL LIABILITIES | 455,561 |
| Regular Reserve | 23,074 |
| Other Reserves | 0 |
| Undivided Earnings | 182,100 |
| TOTAL EQUITY | 205,174 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 660,735 |
| INCOME & EXPENSE | |
| Loan Income | 1,868 |
| Investment Income | 473 |
| Other Income | 21 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 18,335 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,691 |
| Cost of Funds | 1,710 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -19,374 |
| ↑ Back to Top | |