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MOJAVE PLANT EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2020 — MOJAVE PLANT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in MOJAVE, CA with 1 branch location and about $1.73 million in total assets. Opened 64 years ago in 1957, MOJAVE PLANT EMPLOYEES FEDERAL CREDIT UNION has about 239 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MOJAVE PLANT EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
9350 OAK CREEK ROAD
MOJAVE, CA 93501
Phone:(661) 823-3732
Fax:(661) 823-3740
Website:n/a
Branches:1 branch locations
Members:239
Credit Union Type:Federal Credit Union
Charter Number:11900
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1957
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,732,182
CEO/Manager:Badri Saljooghi
Chairperson:Geoff Nikkel

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 22,968
TOTAL INVESTMENTS 858,833
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 158,296
 Other Loans 700,976
 TOTAL LOANS 859,272
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -25,000
 Land And Building 0
 Other Fixed Assets 2,705
 NCUSIF Deposit 13,404
 All Other Assets 0
  TOTAL ASSETS 1,732,182
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 721
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,517,745
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,517,745
  TOTAL LIABILITIES 1,518,466
 Regular Reserve 46,123
 Other Reserves 0
 Undivided Earnings 167,593
  TOTAL EQUITY 213,716
  TOTAL LIABILITIES, SHARES, & EQUITY 1,732,182
INCOME & EXPENSE  
 Loan Income 52,495
 Investment Income 13,004
 Other Income 717
 Total Employee Compensation & Benefits 27,519
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 9,239
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,834
 Cost of Funds 18,510
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,114
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