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OLIVE VIEW FEDERAL CREDIT UNION

Dec, 31, 2023 — OLIVE VIEW FEDERAL CREDIT UNION is a federal credit union headquartered in SYLMAR, CA with 1 branch location and about $63.96 million in total assets. Opened 88 years ago in 1936, OLIVE VIEW FEDERAL CREDIT UNION has about 5,833 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: 322282894
Name:OLIVE VIEW FEDERAL CREDIT UNION
Address:
(Main Office)
14445 Olive View Dr Bldg O-1
SYLMAR, CA 91342-1437
Phone:(818) 367-1057
Fax:(818) 362-3467
Website:https://www.oliveviewfcu.com
Branches:1 branch locations
Members:5,833
Credit Union Type:Federal Credit Union
Charter Number:1034
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1936
Last Audited:Jul 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$63,957,843
CEO/Manager:ANA BARRIOS
Chairperson:ANNE KOREISZ

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,795,356
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 7,445,812
 Other Loans 29,784,695
 TOTAL LOANS 37,230,507
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -133,332
 Land And Building 0
 Other Fixed Assets 1,851
 NCUSIF Deposit 511,018
 All Other Assets 46,588
  TOTAL ASSETS 63,957,843
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 445,263
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,150,337
 Regular shares 32,289,913
 All Other Shares & Deposits 10,223,548
  TOTAL SHARES & DEPOSITS 49,663,798
  TOTAL LIABILITIES 50,109,061
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 13,848,782
  TOTAL EQUITY 13,848,782
  TOTAL LIABILITIES, SHARES, & EQUITY 63,957,843
INCOME & EXPENSE  
 Loan Income 2,057,913
 Investment Income 813,516
 Other Income 189,853
 Total Employee Compensation & Benefits 700,179
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 898,913
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 132,500
 Cost of Funds 869,014
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 702,615
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