Mar, 31, 2022 — EAST COUNTY SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in EL CAJON, CA with 1 branch location and about $150.33 million in total assets. Opened 66 years ago in 1956, EAST COUNTY SCHOOLS FEDERAL CREDIT UNION has about 4,435 members and employs 16 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 |
|---|---|
| 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: | 1 branch locations |
| Members: | 4,435 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11099 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $150,329,931 |
| CEO/Manager: | Steven A Devan |
| Chairperson: | Paul Schnaubelt |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,259,504 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 53,835,982 |
| Unsecured Loans | 4,558,676 |
| Other Loans | 17,702,972 |
| TOTAL LOANS | 76,097,630 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -216,974 |
| Land And Building | 1,739,622 |
| Other Fixed Assets | 232,274 |
| NCUSIF Deposit | 1,123,142 |
| All Other Assets | 0 |
| TOTAL ASSETS | 150,329,931 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,074,371 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 41,922,090 |
| Regular shares | 42,739,319 |
| All Other Shares & Deposits | 53,002,524 |
| TOTAL SHARES & DEPOSITS | 137,663,933 |
| TOTAL LIABILITIES | 138,738,304 |
| Regular Reserve | 0 |
| Other Reserves | -1,108 |
| Undivided Earnings | 11,592,735 |
| TOTAL EQUITY | 11,591,627 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 150,329,931 |
| INCOME & EXPENSE | |
| Loan Income | 613,840 |
| Investment Income | 159,780 |
| Other Income | 18,461 |
| Total Employee Compensation & Benefits | 416,765 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 346,192 |
| Non-operating Income & (Expense) | 10,325 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -15,281 |
| Cost of Funds | 92,336 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 59,691 |
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