Dec, 31, 2023 — FAMILIES AND SCHOOLS TOGETHER FEDERAL CREDIT UNION is a federal credit union headquartered in HANFORD, CA with 3 branch locations and about $292.46 million in total assets. Opened 70 years ago in 1954, FAMILIES AND SCHOOLS TOGETHER FEDERAL CREDIT UNION has about 17,657 members and employs 45 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FAMILIES AND SCHOOLS TOGETHER FEDERAL CREDIT UNION |
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Address: (Main Office) | 312 W 7th St HANFORD, CA 93230 |
Phone: | (559) 584-0922 |
Fax: | (559) 583-6948 |
Website: | https://www.fastcu.com |
Branches: | 3 branch locations |
Members: | 17,657 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9109 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $292,463,280 |
CEO/Manager: | Paula Lehn |
Chairperson: | William Fishbough |
ASSETS: | $ Amount |
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Cash & Equivalents | 35,860,042 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 145,532,754 |
Unsecured Loans | 15,329,769 |
Other Loans | 55,887,690 |
TOTAL LOANS | 216,877,492 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,210,674 |
Land And Building | 8,825,668 |
Other Fixed Assets | 569,146 |
NCUSIF Deposit | 2,206,292 |
All Other Assets | 0 |
TOTAL ASSETS | 292,463,280 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 7,764,382 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 84,871,273 |
Regular shares | 112,396,512 |
All Other Shares & Deposits | 42,429,320 |
TOTAL SHARES & DEPOSITS | 239,697,103 |
TOTAL LIABILITIES | 247,461,485 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 45,001,795 |
TOTAL EQUITY | 45,001,795 |
TOTAL LIABILITIES, SHARES, & EQUITY | 292,463,280 |
INCOME & EXPENSE | |
Loan Income | 10,484,614 |
Investment Income | 1,926,491 |
Other Income | 1,697,710 |
Total Employee Compensation & Benefits | 3,724,559 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,979,732 |
Non-operating Income & (Expense) | 5,137 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 639,374 |
Cost of Funds | 1,001,675 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 7,383,198 |
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