Jun, 30, 2021 — BOPTI FEDERAL CREDIT UNION is a federal credit union headquartered in SAN PEDRO, CA with 1 branch location and about $77.02 million in total assets. Opened 66 years ago in 1955, BOPTI FEDERAL CREDIT UNION has about 4,557 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BOPTI FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1451 S SEASIDE AVE SAN PEDRO, CA 90731-7365 |
| Phone: | (310) 832-0227 |
| Fax: | (310) 832-0228 |
| Website: | http://www.boptifcu.com |
| Branches: | 1 branch locations |
| Members: | 4,557 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10433 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $77,021,921 |
| CEO/Manager: | Anthony E Morris |
| Chairperson: | David C Moore |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,850,928 |
| TOTAL INVESTMENTS | 53,712,073 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,998,074 |
| Unsecured Loans | 4,350,282 |
| Other Loans | 14,360,648 |
| TOTAL LOANS | 20,709,004 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -222,543 |
| Land And Building | 49,500 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 576,439 |
| All Other Assets | 346,520 |
| TOTAL ASSETS | 77,021,921 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 643,356 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,564,653 |
| Regular shares | 48,263,817 |
| All Other Shares & Deposits | 12,256,347 |
| TOTAL SHARES & DEPOSITS | 62,084,817 |
| TOTAL LIABILITIES | 62,728,173 |
| Regular Reserve | 469,764 |
| Other Reserves | 0 |
| Undivided Earnings | 13,823,984 |
| TOTAL EQUITY | 14,293,748 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 77,021,921 |
| INCOME & EXPENSE | |
| Loan Income | 671,841 |
| Investment Income | 414,760 |
| Other Income | 13,134 |
| Total Employee Compensation & Benefits | 334,526 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 230,686 |
| Non-operating Income & (Expense) | 28,560 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 257,430 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 325,703 |
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