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AIRCO FEDERAL CREDIT UNION

Mar, 31, 2022 — AIRCO FEDERAL CREDIT UNION is a federal credit union headquartered in PASADENA, CA with 1 branch location and about $12.99 million in total assets. Opened 65 years ago in 1957, AIRCO FEDERAL CREDIT UNION has about 1,100 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:AIRCO FEDERAL CREDIT UNION
Address:
(Main Office)
888 E Walnut St
PASADENA, CA 91101-1895
Phone:(818) 244-6571
Fax:(818) 244-1009
Website:http://www.aircofcu.org
Branches:1 branch locations
Members:1,100
Credit Union Type:Federal Credit Union
Charter Number:11917
Membership Type:Manufacturing - Machinery
Corporate Credit Union:No
Year Opened:1957
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$12,988,681
CEO/Manager:Raymond Harrison
Chairperson:Carlton Seyforth

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 686,402
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 600,328
 Other Loans 3,561,892
 TOTAL LOANS 4,162,220
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -21,607
 Land And Building 0
 Other Fixed Assets 573
 NCUSIF Deposit 108,800
 All Other Assets 0
  TOTAL ASSETS 12,988,681
LIABILITIES & CAPITAL:  
 Dividends Payable 977
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -7,473
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,778,174
 Regular shares 7,705,254
 All Other Shares & Deposits 2,004,999
  TOTAL SHARES & DEPOSITS 11,488,427
  TOTAL LIABILITIES 11,481,931
 Regular Reserve 0
 Other Reserves 133,085
 Undivided Earnings 1,373,665
  TOTAL EQUITY 1,506,750
  TOTAL LIABILITIES, SHARES, & EQUITY 12,988,681
INCOME & EXPENSE  
 Loan Income 46,357
 Investment Income 24,753
 Other Income 8,936
 Total Employee Compensation & Benefits 26,611
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 53,938
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 650
 Cost of Funds 3,767
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,235
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