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MOJAVE PLANT EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — MOJAVE PLANT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in MOJAVE, CA with 1 branch location and about $1.65 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:$1,645,327
CEO/Manager:Badri Saljooghi
Chairperson:Geoff Nikkel

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 36,607
TOTAL INVESTMENTS 798,956
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 149,692
 Other Loans 684,911
 TOTAL LOANS 834,603
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -45,000
 Land And Building 0
 Other Fixed Assets 5,764
 NCUSIF Deposit 14,397
 All Other Assets 0
  TOTAL ASSETS 1,645,327
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 740
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,446,350
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,446,350
  TOTAL LIABILITIES 1,447,090
 Regular Reserve 46,123
 Other Reserves 0
 Undivided Earnings 152,114
  TOTAL EQUITY 198,237
  TOTAL LIABILITIES, SHARES, & EQUITY 1,645,327
INCOME & EXPENSE  
 Loan Income 12,922
 Investment Income 1,759
 Other Income 15
 Total Employee Compensation & Benefits 7,413
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 527
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 20,000
 Cost of Funds 2,643
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -15,464
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