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MATTEL FEDERAL CREDIT UNION

Dec, 31, 2023 — MATTEL FEDERAL CREDIT UNION is a federal credit union headquartered in EL SEGUNDO, CA with 1 branch location and about $28.17 million in total assets. Opened 72 years ago in 1952, MATTEL FEDERAL CREDIT UNION has about 2,380 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 322276075
Name:MATTEL FEDERAL CREDIT UNION
Address:
(Main Office)
333 Continental Blvd
EL SEGUNDO, CA 90245
Phone:(310) 252-4545
Fax:(310) 252-3819
Website:https://www.mattelfcu.org
Branches:1 branch locations
Members:2,380
Credit Union Type:Federal Credit Union
Charter Number:8261
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1952
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$28,174,229
CEO/Manager:Jon Hernandez
Chairperson:Randy Hollis

Call Report

  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 143,183
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 17,206,565
 Unsecured Loans 1,008,457
 Other Loans 4,573,835
 TOTAL LOANS 22,788,858
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -75,463
 Land And Building 0
 Other Fixed Assets 48,433
 NCUSIF Deposit 251,763
 All Other Assets 0
  TOTAL ASSETS 28,174,229
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 500,000
 Accounts Payable & Other Liabilities 26,008
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,560,431
 Regular shares 12,523,274
 All Other Shares & Deposits 7,432,462
  TOTAL SHARES & DEPOSITS 24,516,168
  TOTAL LIABILITIES 25,042,176
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,132,053
  TOTAL EQUITY 3,132,053
  TOTAL LIABILITIES, SHARES, & EQUITY 28,174,229
INCOME & EXPENSE  
 Loan Income 974,963
 Investment Income 92,299
 Other Income 56,980
 Total Employee Compensation & Benefits 404,317
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 574,103
 Non-operating Income & (Expense) 16,050
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,303
 Cost of Funds 229,526
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -30,149
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