Dec, 31, 2023 — COASTHILLS CREDIT UNION is a federally insured state chartered credit union headquartered in SANTA MARIA, CA with 13 branch locations and about $1.79 billion in total assets. Opened 66 years ago in 1958, COASTHILLS CREDIT UNION has about 76,795 members and employs 302 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COASTHILLS CREDIT UNION |
---|---|
Address: (Main Office) | 1075 E Betteravia Rd SANTA MARIA, CA 93454 |
Phone: | (805) 733-7600 |
Fax: | (805) 733-4230 |
Website: | https://www.coasthills.coop |
Branches: | 13 branch locations |
Members: | 76,795 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68653 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1958 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $1,785,736,269 |
CEO/Manager: | Paul C Cook |
Chairperson: | Kristopher ""Kris"" Andrews |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 111,184,024 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 617,581,851 |
Unsecured Loans | 127,395,006 |
Other Loans | 534,917,874 |
TOTAL LOANS | 1,279,894,732 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,850,236 |
Land And Building | 37,062,157 |
Other Fixed Assets | 21,038,436 |
NCUSIF Deposit | 13,690,879 |
All Other Assets | 1,824,711 |
TOTAL ASSETS | 1,785,736,269 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 139,445 |
Notes & Interest Payable | 207,500,000 |
Accounts Payable & Other Liabilities | 28,463,194 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 367,104,071 |
Regular shares | 314,448,390 |
All Other Shares & Deposits | 734,747,397 |
TOTAL SHARES & DEPOSITS | 1,416,299,856 |
TOTAL LIABILITIES | 1,652,452,036 |
Regular Reserve | 0 |
Other Reserves | -4,843,608 |
Undivided Earnings | 138,127,841 |
TOTAL EQUITY | 133,284,233 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,785,736,269 |
INCOME & EXPENSE | |
Loan Income | 67,572,793 |
Investment Income | 7,561,369 |
Other Income | 7,139,590 |
Total Employee Compensation & Benefits | 31,299,747 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 27,038,991 |
Non-operating Income & (Expense) | 488,795 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,571,017 |
Cost of Funds | 23,708,854 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 6,295,327 |
↑ Back to Top |