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OLIVE VIEW FEDERAL CREDIT UNION

Sep, 30, 2021 — OLIVE VIEW FEDERAL CREDIT UNION is a federal credit union headquartered in SYLMAR, CA with 1 branch location and about $68.11 million in total assets. Opened 86 years ago in 1936, OLIVE VIEW FEDERAL CREDIT UNION has about 5,554 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:5,554
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:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$68,113,970
CEO/Manager:Ana Barrios
Chairperson:CARLA NINO

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 24,859,546
TOTAL INVESTMENTS 16,762,211
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 4,821,368
 Other Loans 21,348,094
 TOTAL LOANS 26,169,462
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -293,406
 Land And Building 0
 Other Fixed Assets 14,390
 NCUSIF Deposit 496,395
 All Other Assets 105,372
  TOTAL ASSETS 68,113,970
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 117,562
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,559,021
 Regular shares 36,206,742
 All Other Shares & Deposits 12,303,998
  TOTAL SHARES & DEPOSITS 56,069,761
  TOTAL LIABILITIES 56,187,323
 Regular Reserve 598,462
 Other Reserves 0
 Undivided Earnings 11,328,185
  TOTAL EQUITY 11,926,647
  TOTAL LIABILITIES, SHARES, & EQUITY 68,113,970
INCOME & EXPENSE  
 Loan Income 1,283,695
 Investment Income 103,556
 Other Income 111,244
 Total Employee Compensation & Benefits 480,162
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 618,451
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 90,000
 Cost of Funds 149,328
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 427,101
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