Dec, 31, 2023 — LOS ANGELES LEE FEDERAL CREDIT UNION is a federal credit union headquartered in LOS ANGELES, CA with 2 branch locations and about $640,237 in total assets. Opened 60 years ago in 1964, LOS ANGELES LEE FEDERAL CREDIT UNION has about 76 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | LOS ANGELES LEE FEDERAL CREDIT UNION |
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Address: (Main Office) | 964 N Hill St LOS ANGELES, CA 90012 |
Phone: | (213) 626-0974 |
Fax: | |
Website: | n/a |
Branches: | 2 branch locations |
Members: | 76 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 16570 |
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Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1964 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $640,237 |
CEO/Manager: | Urla Gomes |
Chairperson: | ERNEST LEE |
ASSETS: | $ Amount |
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Cash & Equivalents | 110,575 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 0 |
Other Loans | 246,936 |
TOTAL LOANS | 246,936 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,580 |
Land And Building | 0 |
Other Fixed Assets | 3,498 |
NCUSIF Deposit | 3,808 |
All Other Assets | 0 |
TOTAL ASSETS | 640,237 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,736 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 500,343 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 500,343 |
TOTAL LIABILITIES | 503,079 |
Regular Reserve | 0 |
Other Reserves | 62,409 |
Undivided Earnings | 74,749 |
TOTAL EQUITY | 137,158 |
TOTAL LIABILITIES, SHARES, & EQUITY | 640,237 |
INCOME & EXPENSE | |
Loan Income | 8,505 |
Investment Income | 7,357 |
Other Income | 24 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 11,002 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 2,030 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,875 |
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