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SRI FEDERAL CREDIT UNION

Mar, 31, 2021 — SRI FEDERAL CREDIT UNION is a federal credit union headquartered in MENLO PARK, CA with 1 branch location and about $152.20 million in total assets. Opened 64 years ago in 1957, SRI FEDERAL CREDIT UNION has about 3,338 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:3,338
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:$152,202,144
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 30,539,762
TOTAL INVESTMENTS 15,960,709
Loans Held for Sale 0
 
 Real Estate Loans 61,453,660
 Unsecured Loans 34,892,038
 Other Loans 4,945,849
 TOTAL LOANS 101,291,547
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -194,994
 Land And Building 0
 Other Fixed Assets 2,798,529
 NCUSIF Deposit 1,006,159
 All Other Assets 800,432
  TOTAL ASSETS 152,202,144
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 8,071,296
 Accounts Payable & Other Liabilities 2,939,110
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 26,885,026
 Regular shares 39,598,935
 All Other Shares & Deposits 63,154,593
  TOTAL SHARES & DEPOSITS 129,638,554
  TOTAL LIABILITIES 140,648,960
 Regular Reserve 1,012,242
 Other Reserves 105,044
 Undivided Earnings 10,435,898
  TOTAL EQUITY 11,553,184
  TOTAL LIABILITIES, SHARES, & EQUITY 152,202,144
INCOME & EXPENSE  
 Loan Income 877,316
 Investment Income 69,108
 Other Income 14,076
 Total Employee Compensation & Benefits 301,905
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 248,552
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 9,000
 Cost of Funds 180,449
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 887,489
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