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 |
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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: | 1 branch locations |
Members: | 4,435 |
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, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $150,329,931 |
CEO/Manager: | Steven A Devan |
Chairperson: | Paul Schnaubelt |
ASSETS: | $ Amount |
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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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