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SRI FEDERAL CREDIT UNION

Sep, 30, 2021 — SRI FEDERAL CREDIT UNION is a federal credit union headquartered in MENLO PARK, CA with 1 branch location and about $139.61 million in total assets. Opened 65 years ago in 1957, SRI FEDERAL CREDIT UNION has about 3,352 members and employs 9 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:3,352
Credit Union Type:Federal Credit Union
Charter Number:11872
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1957
Last Audited:Mar 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$139,612,928
CEO/Manager:STEVE K BOWLES
Chairperson:WILLIAM L FIOCK

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 23,155,146
TOTAL INVESTMENTS 24,775,339
Loans Held for Sale 0
 
 Real Estate Loans 65,076,995
 Unsecured Loans 18,249,528
 Other Loans 4,286,232
 TOTAL LOANS 87,612,755
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -186,922
 Land And Building 0
 Other Fixed Assets 2,630,997
 NCUSIF Deposit 981,277
 All Other Assets 644,336
  TOTAL ASSETS 139,612,928
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 7,071,296
 Accounts Payable & Other Liabilities 2,691,941
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 23,150,972
 Regular shares 37,371,492
 All Other Shares & Deposits 57,055,211
  TOTAL SHARES & DEPOSITS 117,577,675
  TOTAL LIABILITIES 127,340,912
 Regular Reserve 1,012,242
 Other Reserves 64,162
 Undivided Earnings 11,195,612
  TOTAL EQUITY 12,272,016
  TOTAL LIABILITIES, SHARES, & EQUITY 139,612,928
INCOME & EXPENSE  
 Loan Income 2,772,202
 Investment Income 228,240
 Other Income 36,856
 Total Employee Compensation & Benefits 914,326
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 744,651
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 18,000
 Cost of Funds 521,506
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,647,204
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