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OLIVE VIEW FEDERAL CREDIT UNION

Dec, 31, 2020 — OLIVE VIEW FEDERAL CREDIT UNION is a federal credit union headquartered in SYLMAR, CA with 1 branch location and about $63.11 million in total assets. Opened 85 years ago in 1936, OLIVE VIEW FEDERAL CREDIT UNION has about 5,788 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)
P O BOX 923071
SYLMAR, CA 91392
Phone:(818) 367-1057
Fax:(818) 362-3467
Website:http://www.oliveviewfcu.com
Branches:1 branch locations
Members:5,788
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:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$63,107,811
CEO/Manager:Ana Barrios
Chairperson:CARLA NINO

Call Report

  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 16,338,208
TOTAL INVESTMENTS 20,999,211
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 6,322,563
 Other Loans 19,012,330
 TOTAL LOANS 25,334,893
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -233,278
 Land And Building 0
 Other Fixed Assets 42,953
 NCUSIF Deposit 440,527
 All Other Assets 185,297
  TOTAL ASSETS 63,107,811
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 104,563
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,744,820
 Regular shares 32,386,242
 All Other Shares & Deposits 12,373,617
  TOTAL SHARES & DEPOSITS 51,504,679
  TOTAL LIABILITIES 51,609,242
 Regular Reserve 598,462
 Other Reserves 0
 Undivided Earnings 10,900,107
  TOTAL EQUITY 11,498,569
  TOTAL LIABILITIES, SHARES, & EQUITY 63,107,811
INCOME & EXPENSE  
 Loan Income 1,628,580
 Investment Income 430,969
 Other Income 408,803
 Total Employee Compensation & Benefits 618,396
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 751,973
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 150,000
 Cost of Funds 331,860
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 616,123
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