Dec, 31, 2020 — EAST COUNTY SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in EL CAJON, CA with 2 branch locations and about $135.13 million in total assets. Opened 65 years ago in 1956, EAST COUNTY SCHOOLS FEDERAL CREDIT UNION has about 4,459 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EAST COUNTY SCHOOLS FEDERAL CREDIT UNION |
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Address: (Main Office) | 1069 GRAVES AVE STE 100 EL CAJON, CA 92021-4573 |
Phone: | (619) 588-1515 |
Fax: | (619) 588-2197 |
Website: | http://www.eastcountyschools.org |
Branches: | 2 branch locations |
Members: | 4,459 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11099 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Jun 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $135,132,348 |
CEO/Manager: | Steven A Devan |
Chairperson: | Patricia Floyd |
ASSETS: | $ Amount |
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Cash & Equivalents | 29,377,609 |
TOTAL INVESTMENTS | 27,438,611 |
Loans Held for Sale | 0 |
Real Estate Loans | 49,241,929 |
Unsecured Loans | 4,710,597 |
Other Loans | 20,830,135 |
TOTAL LOANS | 74,782,661 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -279,977 |
Land And Building | 1,884,062 |
Other Fixed Assets | 74,473 |
NCUSIF Deposit | 948,997 |
All Other Assets | 905,912 |
TOTAL ASSETS | 135,132,348 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,076,305 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 38,138,237 |
Regular shares | 35,737,713 |
All Other Shares & Deposits | 48,887,357 |
TOTAL SHARES & DEPOSITS | 122,763,307 |
TOTAL LIABILITIES | 123,839,612 |
Regular Reserve | 4,132,774 |
Other Reserves | 2,106 |
Undivided Earnings | 7,157,856 |
TOTAL EQUITY | 11,292,736 |
TOTAL LIABILITIES, SHARES, & EQUITY | 135,132,348 |
INCOME & EXPENSE | |
Loan Income | 3,193,513 |
Investment Income | 482,554 |
Other Income | 419,119 |
Total Employee Compensation & Benefits | 1,833,025 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,478,347 |
Non-operating Income & (Expense) | 50,806 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 36,444 |
Cost of Funds | 555,359 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 242,817 |
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