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SRI FEDERAL CREDIT UNION

Dec, 31, 2020 — SRI FEDERAL CREDIT UNION is a federal credit union headquartered in MENLO PARK, CA with 1 branch location and about $145.92 million in total assets. Opened 64 years ago in 1957, SRI FEDERAL CREDIT UNION has about 3,345 members and employs 10 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: 321173328
Name:SRI FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 2284
MENLO PARK, CA 94026-2284
Phone:(650) 859-3711
Fax:(650) 326-8916
Website:http://srifcu.org
Branches:1 branch locations
Members:3,345
Credit Union Type:Federal Credit Union
Charter Number:11872
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1957
Last Audited:Dec 01, 2019
FHLB Member:Yes
Low Income Designation:No
Assets:$145,915,417
CEO/Manager:STEVE K BOWLES
Chairperson:WILLIAM L FIOCK

Call Report

  • Commercial Loans
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • Insurance/Investment Sales
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,249,027
TOTAL INVESTMENTS 13,905,151
Loans Held for Sale 0
 
 Real Estate Loans 94,184,394
 Unsecured Loans 22,896,124
 Other Loans 5,308,116
 TOTAL LOANS 122,388,634
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -190,880
 Land And Building 0
 Other Fixed Assets 2,250,975
 NCUSIF Deposit 879,830
 All Other Assets 1,432,680
  TOTAL ASSETS 145,915,417
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 16,071,296
 Accounts Payable & Other Liabilities 2,138,612
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 20,801,359
 Regular shares 35,331,295
 All Other Shares & Deposits 60,884,104
  TOTAL SHARES & DEPOSITS 117,016,758
  TOTAL LIABILITIES 135,226,666
 Regular Reserve 1,012,242
 Other Reserves 128,102
 Undivided Earnings 9,548,407
  TOTAL EQUITY 10,688,751
  TOTAL LIABILITIES, SHARES, & EQUITY 145,915,417
INCOME & EXPENSE  
 Loan Income 3,458,014
 Investment Income 357,686
 Other Income 294,884
 Total Employee Compensation & Benefits 1,285,654
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,007,319
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 68,100
 Cost of Funds 896,545
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 852,966
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