Credit Unions Near Me
National Credit Union Service Organization

NORTHERN REDWOOD FEDERAL CREDIT UNION

Dec, 31, 2020 — NORTHERN REDWOOD FEDERAL CREDIT UNION is a federal credit union headquartered in ARCATA, CA with 2 branch locations and about $24.92 million in total assets. Opened 66 years ago in 1955, NORTHERN REDWOOD FEDERAL CREDIT UNION has about 3,015 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NORTHERN REDWOOD FEDERAL CREDIT UNION
Address:
(Main Office)
1270 GIUNTOLI LN
ARCATA, CA 95521-4415
Phone:(707) 822-5902
Fax:(707) 822-8818
Website:http://northernredwoodfcu.org
Branches:2 branch locations
Members:3,015
Credit Union Type:Federal Credit Union
Charter Number:10362
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1955
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$24,918,699
CEO/Manager:Jenna L Cardoza
Chairperson:Sandra L Hanks

Call Report

  • Commercial Loans
  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,863,150
TOTAL INVESTMENTS 3,015,824
Loans Held for Sale 0
 
 Real Estate Loans 865,351
 Unsecured Loans 931,206
 Other Loans 15,075,543
 TOTAL LOANS 16,872,100
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -82,638
 Land And Building 1,246,567
 Other Fixed Assets 215,846
 NCUSIF Deposit 191,536
 All Other Assets 596,314
  TOTAL ASSETS 24,918,699
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 147,834
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,396,523
 Regular shares 12,717,448
 All Other Shares & Deposits 4,837,590
  TOTAL SHARES & DEPOSITS 22,951,561
  TOTAL LIABILITIES 23,099,395
 Regular Reserve 231,286
 Other Reserves 0
 Undivided Earnings 1,588,018
  TOTAL EQUITY 1,819,304
  TOTAL LIABILITIES, SHARES, & EQUITY 24,918,699
INCOME & EXPENSE  
 Loan Income 794,049
 Investment Income 24,001
 Other Income 361,349
 Total Employee Compensation & Benefits 349,557
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 603,422
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 59,200
 Cost of Funds 69,918
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 97,302
↑ Back to Top

Other Credit Unions

DENOCOS FEDERAL CREDIT UNION
1244 GLENN ST
CRESCENT CITY, CA 95531-2113
SONOMA FEDERAL CREDIT UNION
1194 MONTGOMERY DR
SANTA ROSA, CA 95405-4802
SISKIYOU CENTRAL CREDIT UNION
P O BOX 1125
YREKA, CA 96097-1125
NORTH BAY CREDIT UNION
397 Aviation Blvd, Suite L
SANTA ROSA, CA 95403
SILVERADO CREDIT UNION
P O BOX 330, 1 ANGWIN PLAZA
ANGWIN, CA 94508-0330
LASSEN COUNTY FEDERAL CREDIT UNION
2605 RIVERSIDE DR
SUSANVILLE, CA 96130
COMPASS COMMUNITY CREDIT UNION
PO BOX 1268
EUREKA, CA 95502-1268
VOCALITY COMMUNITY CREDIT UNION
757 REDWOOD DRIVE
GARBERVILLE, CA 95542
MEMBERS 1ST CREDIT UNION
PO BOX 492395
REDDING, CA 96049-2395
YOLO FEDERAL CREDIT UNION
PO BOX 657
WOODLAND, CA 95776