Dec, 31, 2023 — ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ONTARIO, CA with 2 branch locations and about $24.20 million in total assets. Opened 65 years ago in 1959, ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION has about 1,883 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 202 W B St ONTARIO, CA 91762 |
Phone: | (909) 984-8781 |
Fax: | (909) 984-4581 |
Website: | https://www.opefcu.org |
Branches: | 2 branch locations |
Members: | 1,883 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13044 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $24,203,285 |
CEO/Manager: | John Meeks |
Chairperson: | Ray Cudaback |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,889,549 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 299,767 |
Unsecured Loans | 3,164,036 |
Other Loans | 9,957,449 |
TOTAL LOANS | 13,421,252 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -121,387 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 234,461 |
All Other Assets | 0 |
TOTAL ASSETS | 24,203,285 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 221,833 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,965,458 |
Regular shares | 14,225,226 |
All Other Shares & Deposits | 3,154,752 |
TOTAL SHARES & DEPOSITS | 21,345,436 |
TOTAL LIABILITIES | 21,567,269 |
Regular Reserve | 0 |
Other Reserves | 512,108 |
Undivided Earnings | 2,123,908 |
TOTAL EQUITY | 2,636,016 |
TOTAL LIABILITIES, SHARES, & EQUITY | 24,203,285 |
INCOME & EXPENSE | |
Loan Income | 736,134 |
Investment Income | 347,608 |
Other Income | 44,798 |
Total Employee Compensation & Benefits | 386,146 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 463,717 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 103,343 |
Cost of Funds | 43,879 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 220,232 |
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