Dec, 31, 2023 — COUNTY SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in VENTURA, CA with 2 branch locations and about $88.79 million in total assets. Opened 64 years ago in 1960, COUNTY SCHOOLS FEDERAL CREDIT UNION has about 5,388 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COUNTY SCHOOLS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 3954 E Main St VENTURA, CA 93003 |
Phone: | (805) 644-4657 |
Fax: | (805) 650-7301 |
Website: | https://csfcu.org |
Branches: | 2 branch locations |
Members: | 5,388 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13495 |
---|---|
Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $88,786,663 |
CEO/Manager: | Hector Martin |
Chairperson: | Adam Lopez |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,815,893 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 54,274,205 |
Unsecured Loans | 5,609,072 |
Other Loans | 16,666,619 |
TOTAL LOANS | 76,549,896 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -616,837 |
Land And Building | 5,864,475 |
Other Fixed Assets | 345,917 |
NCUSIF Deposit | 706,785 |
All Other Assets | 4,484 |
TOTAL ASSETS | 88,786,663 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 500,793 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 12,872,410 |
Regular shares | 29,919,473 |
All Other Shares & Deposits | 38,573,702 |
TOTAL SHARES & DEPOSITS | 81,365,586 |
TOTAL LIABILITIES | 81,866,379 |
Regular Reserve | 0 |
Other Reserves | -52,018 |
Undivided Earnings | 6,972,302 |
TOTAL EQUITY | 6,920,284 |
TOTAL LIABILITIES, SHARES, & EQUITY | 88,786,663 |
INCOME & EXPENSE | |
Loan Income | 3,889,505 |
Investment Income | 91,986 |
Other Income | 496,722 |
Total Employee Compensation & Benefits | 1,281,621 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,363,750 |
Non-operating Income & (Expense) | 39,123 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 746,661 |
Cost of Funds | 1,050,073 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 92,015 |
↑ Back to Top |