Dec, 31, 2023 — SAN FRANCISCO LEE FEDERAL CREDIT UNION is a federal credit union headquartered in SAN FRANCISCO, CA with 1 branch location and about $11.10 million in total assets. Opened 60 years ago in 1964, SAN FRANCISCO LEE FEDERAL CREDIT UNION has about 593 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SAN FRANCISCO LEE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 915 GRANT AVE SAN FRANCISCO, CA 94108 |
| Phone: | (415) 982-0915 |
| Fax: | (415) 982-5919 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 593 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16547 |
|---|---|
| Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $11,097,870 |
| CEO/Manager: | LILY LO |
| Chairperson: | FRANK LEE |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 503,002 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,163,210 |
| Unsecured Loans | 0 |
| Other Loans | 112,184 |
| TOTAL LOANS | 2,275,394 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,000 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 61,125 |
| All Other Assets | 0 |
| TOTAL ASSETS | 11,097,870 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 12,530 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,783,509 |
| All Other Shares & Deposits | 953,337 |
| TOTAL SHARES & DEPOSITS | 5,736,847 |
| TOTAL LIABILITIES | 5,749,377 |
| Regular Reserve | 0 |
| Other Reserves | 112,836 |
| Undivided Earnings | 5,235,657 |
| TOTAL EQUITY | 5,348,493 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 11,097,870 |
| INCOME & EXPENSE | |
| Loan Income | 100,680 |
| Investment Income | 297,182 |
| Other Income | 137 |
| Total Employee Compensation & Benefits | 46,143 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 93,398 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 52,855 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 205,603 |
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