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.
Name: | OLIVE VIEW FEDERAL CREDIT UNION |
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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 |
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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 |
ASSETS: | $ Amount |
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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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