Credit Unions Near Me
National Credit Union Service Organization

DOWNEY FEDERAL CREDIT UNION

Sep, 30, 2022 — DOWNEY FEDERAL CREDIT UNION is a federal credit union headquartered in DOWNEY, CA with 1 branch location and about $301.37 million in total assets. Opened 66 years ago in 1957, DOWNEY FEDERAL CREDIT UNION has about 18,335 members and employs 58 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 322275115
Name:DOWNEY FEDERAL CREDIT UNION
Address:
(Main Office)
8237 3rd St
DOWNEY, CA 90241-3718
Phone:(562) 862-8141
Fax:(562) 622-0791
Website:https://www.downeyfcu.org
Branches:1 branch locations
Members:18,335
Credit Union Type:Federal Credit Union
Charter Number:11870
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1957
Last Audited:Mar 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$301,374,970
CEO/Manager:Raymond G Mesler
Chairperson:Laura Lueke Kramer

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 25,169,324
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 57,941,949
 Unsecured Loans 18,709,599
 Other Loans 37,232,579
 TOTAL LOANS 118,615,303
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -626,025
 Land And Building 6,853,013
 Other Fixed Assets 448,964
 NCUSIF Deposit 2,618,486
 All Other Assets 0
  TOTAL ASSETS 301,374,970
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,406,761
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 51,687,865
 Regular shares 156,705,703
 All Other Shares & Deposits 77,570,091
  TOTAL SHARES & DEPOSITS 285,963,659
  TOTAL LIABILITIES 288,370,420
 Regular Reserve 0
 Other Reserves -15,661,422
 Undivided Earnings 28,665,972
  TOTAL EQUITY 13,004,550
  TOTAL LIABILITIES, SHARES, & EQUITY 301,374,970
INCOME & EXPENSE  
 Loan Income 3,858,573
 Investment Income 1,777,717
 Other Income 401,382
 Total Employee Compensation & Benefits 3,669,335
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,633,048
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 423,350
 Cost of Funds 372,656
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 197,417
↑ Back to Top

Other Credit Unions

MID-CITIES CREDIT UNION
325 S Santa Fe Ave
COMPTON, CA 90221
CALIFORNIA AGRIBUSINESS CREDIT UNION
6281 Beach Blvd Ste 87
BUENA PARK, CA 90621-4214
CALCOM FEDERAL CREDIT UNION
3748 Bayer Ave Ste 104
LONG BEACH, CA 90808-1884
VA DESERT PACIFIC FEDERAL CREDIT UNION
2845 Temple Ave
SIGNAL HILL, CA 90755
POSTCITY FINANCIAL CREDIT UNION
3738 Bayer Ave Unit 102
LONG BEACH, CA 90808
RANCHO FEDERAL CREDIT UNION
12620 Erickson Ave Ste H
DOWNEY, CA 90242-4019
CAMINO FEDERAL CREDIT UNION
520 N Taylor Ave
MONTEBELLO, CA 90640
POPA FEDERAL CREDIT UNION
13304 Alondra Blvd
CERRITOS, CA 90703
I.L.W.U. FEDERAL CREDIT UNION
3447 Atlantic Ave
LONG BEACH, CA 90807
LONG BEACH CITY EMPLOYEES FEDERAL CREDIT UNION
2845 Temple Ave
SIGNAL HILL, CA 90755-2212