Jun, 30, 2024 — LA LOMA FEDERAL CREDIT UNION is a federal credit union headquartered in BRYN MAWR, CA with 2 branch locations and about $114.03 million in total assets. Opened 69 years ago in 1955, LA LOMA FEDERAL CREDIT UNION has about 13,767 members and employs 22 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LA LOMA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 26151 Mayberry St BRYN MAWR, CA 92318 |
| Phone: | (909) 796-0206 |
| Fax: | (909) 266-0469 |
| Website: | https://www.llfcu.org |
| Branches: | 2 branch locations |
| Members: | 13,767 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10351 |
|---|---|
| Membership Type: | Multiple common bond - Primarily faith based |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $114,028,145 |
| CEO/Manager: | Daniel Penrod |
| Chairperson: | Dell Jean Van Fossen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,866,259 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 35,876,041 |
| Unsecured Loans | 3,413,179 |
| Other Loans | 31,005,661 |
| TOTAL LOANS | 70,294,881 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -146,514 |
| Land And Building | 4,699,512 |
| Other Fixed Assets | 396,255 |
| NCUSIF Deposit | 1,026,889 |
| All Other Assets | 5,500 |
| TOTAL ASSETS | 114,028,145 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,106,953 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 24,569,705 |
| Regular shares | 83,155,544 |
| All Other Shares & Deposits | 1,990,396 |
| TOTAL SHARES & DEPOSITS | 109,715,645 |
| TOTAL LIABILITIES | 110,822,598 |
| Regular Reserve | 0 |
| Other Reserves | -4,687,094 |
| Undivided Earnings | 7,892,641 |
| TOTAL EQUITY | 3,205,547 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 114,028,145 |
| INCOME & EXPENSE | |
| Loan Income | 1,867,200 |
| Investment Income | 387,233 |
| Other Income | 302,684 |
| Total Employee Compensation & Benefits | 1,140,199 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,133,113 |
| Non-operating Income & (Expense) | 5,537 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -13,756 |
| Cost of Funds | 35,414 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 686,467 |
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