XCEED FINANCIAL FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.xfcu.org for more information.
Dec, 31, 2023 — XCEED FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in EL SEGUNDO, CA with 9 branch locations and about $981.81 million in total assets. Opened 60 years ago in 1964, XCEED FINANCIAL FEDERAL CREDIT UNION has about 46,975 members and employs 152 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | XCEED FINANCIAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 888 N NASH ST EL SEGUNDO, CA 90245 |
| Phone: | (800) 932-8222 |
| Fax: | (310) 640-2193 |
| Website: | https://www.xfcu.org |
| Branches: | 9 branch locations |
| Members: | 46,975 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20068 |
|---|---|
| Membership Type: | Multiple common bond - Primarily finance, insurance, real estate, trade |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $981,811,271 |
| CEO/Manager: | Teresa Freeborn |
| Chairperson: | Roni Crichton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 235,041,614 |
| TOTAL INVESTMENTS | 159,078,668 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 385,926,306 |
| Unsecured Loans | 41,413,741 |
| Other Loans | 98,016,271 |
| TOTAL LOANS | 525,356,318 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,077,110 |
| Land And Building | 21,440,934 |
| Other Fixed Assets | 1,231,570 |
| NCUSIF Deposit | 7,339,686 |
| All Other Assets | 35,399,591 |
| TOTAL ASSETS | 981,811,271 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 14,538 |
| Notes & Interest Payable | 60,500,000 |
| Accounts Payable & Other Liabilities | 3,577,425 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 218,939,092 |
| Regular shares | 190,335,336 |
| All Other Shares & Deposits | 417,694,567 |
| TOTAL SHARES & DEPOSITS | 826,968,995 |
| TOTAL LIABILITIES | 891,060,958 |
| Regular Reserve | 21,735,675 |
| Other Reserves | 18,001,407 |
| Undivided Earnings | 51,013,231 |
| TOTAL EQUITY | 90,750,313 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 981,811,271 |
| INCOME & EXPENSE | |
| Loan Income | 5,286,413 |
| Investment Income | 383,268 |
| Other Income | 473,943 |
| Total Employee Compensation & Benefits | 5,557,426 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,687,196 |
| Non-operating Income & (Expense) | 310,649 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 18,000 |
| Cost of Funds | 1,169,503 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -2,086,802 |
| ↑ Back to Top | |