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MONROVIA CITY FEDERAL CREDIT UNION

Dec, 31, 2023 — MONROVIA CITY FEDERAL CREDIT UNION is a federal credit union headquartered in MONROVIA, CA with 1 branch location and about $4.09 million in total assets. Opened 70 years ago in 1954, MONROVIA CITY FEDERAL CREDIT UNION has about 502 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MONROVIA CITY FEDERAL CREDIT UNION
Address:
(Main Office)
415 S IVY AVE
MONROVIA, CA 91016-5107
Phone:(626) 303-6615
Fax:(626) 303-6614
Website:https://monroviafcu.com
Branches:1 branch locations
Members:502
Credit Union Type:Federal Credit Union
Charter Number:9900
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1954
Last Audited:Mar 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$4,093,852
CEO/Manager:BEATRICE SCOTT
Chairperson:ALICE ATKINS

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 830,486
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 212,491
 Other Loans 1,189,164
 TOTAL LOANS 1,401,655
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,582
 Land And Building 0
 Other Fixed Assets 10
 NCUSIF Deposit 32,036
 All Other Assets 0
  TOTAL ASSETS 4,093,852
LIABILITIES & CAPITAL:  
 Dividends Payable 572
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,294
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,472,500
 All Other Shares & Deposits 1,288,238
  TOTAL SHARES & DEPOSITS 3,760,738
  TOTAL LIABILITIES 3,762,604
 Regular Reserve 0
 Other Reserves 121,601
 Undivided Earnings 209,647
  TOTAL EQUITY 331,248
  TOTAL LIABILITIES, SHARES, & EQUITY 4,093,852
INCOME & EXPENSE  
 Loan Income 57,199
 Investment Income 9,506
 Other Income 3,484
 Total Employee Compensation & Benefits 32,992
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 86,892
 Non-operating Income & (Expense) -100,302
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 7,669
 Cost of Funds 4,465
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -162,131
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