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AIRCO FEDERAL CREDIT UNION

Jun, 30, 2023 — AIRCO FEDERAL CREDIT UNION is a federal credit union headquartered in PASADENA, CA with 1 branch location and about $11.87 million in total assets. Opened 67 years ago in 1957, AIRCO FEDERAL CREDIT UNION has about 1,111 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:https://www.aircofcu.org
Branches:1 branch locations
Members:1,111
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:$11,872,665
CEO/Manager:TIGRAN KARASIMONYAN
Chairperson:Carlton Seyforth

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 304,089
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 555,851
 Other Loans 3,519,243
 TOTAL LOANS 4,075,094
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -16,284
 Land And Building 0
 Other Fixed Assets 385
 NCUSIF Deposit 114,629
 All Other Assets 0
  TOTAL ASSETS 11,872,665
LIABILITIES & CAPITAL:  
 Dividends Payable 859
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,052
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,205,888
 Regular shares 6,912,272
 All Other Shares & Deposits 2,206,680
  TOTAL SHARES & DEPOSITS 10,324,840
  TOTAL LIABILITIES 10,330,751
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,541,914
  TOTAL EQUITY 1,541,914
  TOTAL LIABILITIES, SHARES, & EQUITY 11,872,665
INCOME & EXPENSE  
 Loan Income 150,024
 Investment Income 94,234
 Other Income 28,705
 Total Employee Compensation & Benefits 87,302
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 168,447
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 650
 Cost of Funds 12,063
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 19,399
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