Mar, 31, 2021 — BOPTI FEDERAL CREDIT UNION is a federal credit union headquartered in SAN PEDRO, CA with 1 branch location and about $75.34 million in total assets. Opened 66 years ago in 1955, BOPTI FEDERAL CREDIT UNION has about 4,543 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: | 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: | 4,543 |
| 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: | $75,343,892 |
| CEO/Manager: | Anthony E Morris |
| Chairperson: | David C Moore |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,817,776 |
| TOTAL INVESTMENTS | 52,367,048 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,825,862 |
| Unsecured Loans | 4,417,061 |
| Other Loans | 14,225,040 |
| TOTAL LOANS | 20,467,963 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -263,943 |
| Land And Building | 57,000 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 566,666 |
| All Other Assets | 331,382 |
| TOTAL ASSETS | 75,343,892 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 672,924 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,399,047 |
| Regular shares | 46,925,030 |
| All Other Shares & Deposits | 12,258,693 |
| TOTAL SHARES & DEPOSITS | 60,582,770 |
| TOTAL LIABILITIES | 61,255,694 |
| Regular Reserve | 469,764 |
| Other Reserves | 0 |
| Undivided Earnings | 13,618,434 |
| TOTAL EQUITY | 14,088,198 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 75,343,892 |
| INCOME & EXPENSE | |
| Loan Income | 338,031 |
| Investment Income | 206,788 |
| Other Income | 6,435 |
| Total Employee Compensation & Benefits | 202,742 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 125,922 |
| Non-operating Income & (Expense) | 14,408 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 126,587 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 120,153 |
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