Dec, 31, 2023 — MOJAVE PLANT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in MOJAVE, CA with 1 branch location and about $1.36 million in total assets. Opened 67 years ago in 1957, MOJAVE PLANT EMPLOYEES FEDERAL CREDIT UNION has about 213 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MOJAVE PLANT EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 9350 OAK CREEK RD MOJAVE, CA 93501-7738 |
Phone: | (661) 823-3732 |
Fax: | (661) 823-3740 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 213 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11900 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,355,090 |
CEO/Manager: | Badri Saljooghi |
Chairperson: | Steve Salyer |
ASSETS: | $ Amount |
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Cash & Equivalents | 110,488 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 118,077 |
Other Loans | 742,046 |
TOTAL LOANS | 860,123 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -45,000 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 13,962 |
All Other Assets | 0 |
TOTAL ASSETS | 1,355,090 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 435 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,174,196 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,174,196 |
TOTAL LIABILITIES | 1,174,631 |
Regular Reserve | 0 |
Other Reserves | 42,163 |
Undivided Earnings | 138,296 |
TOTAL EQUITY | 180,459 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,355,090 |
INCOME & EXPENSE | |
Loan Income | 49,066 |
Investment Income | 12,671 |
Other Income | 531 |
Total Employee Compensation & Benefits | 42,534 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,228 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,945 |
Cost of Funds | 8,371 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -4,776 |
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