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SRI FEDERAL CREDIT UNION

Jun, 30, 2021 — SRI FEDERAL CREDIT UNION is a federal credit union headquartered in MENLO PARK, CA with 1 branch location and about $140.92 million in total assets. Opened 64 years ago in 1957, SRI FEDERAL CREDIT UNION has about 3,347 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:3,347
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:$140,920,969
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 20,161,120
TOTAL INVESTMENTS 20,731,652
Loans Held for Sale 0
 
 Real Estate Loans 62,881,404
 Unsecured Loans 28,225,064
 Other Loans 4,717,989
 TOTAL LOANS 95,824,457
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -205,112
 Land And Building 0
 Other Fixed Assets 2,719,878
 NCUSIF Deposit 981,277
 All Other Assets 707,697
  TOTAL ASSETS 140,920,969
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 7,071,296
 Accounts Payable & Other Liabilities 3,396,168
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 23,139,236
 Regular shares 37,826,649
 All Other Shares & Deposits 57,589,535
  TOTAL SHARES & DEPOSITS 118,555,420
  TOTAL LIABILITIES 129,022,884
 Regular Reserve 1,012,242
 Other Reserves 90,970
 Undivided Earnings 10,794,873
  TOTAL EQUITY 11,898,085
  TOTAL LIABILITIES, SHARES, & EQUITY 140,920,969
INCOME & EXPENSE  
 Loan Income 1,817,348
 Investment Income 149,385
 Other Income 27,601
 Total Employee Compensation & Benefits 609,548
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 497,764
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 24,000
 Cost of Funds 354,519
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,246,466
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