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AIRCO FEDERAL CREDIT UNION

Jun, 30, 2021 — AIRCO FEDERAL CREDIT UNION is a federal credit union headquartered in Pasadena, CA with 1 branch location and about $13.17 million in total assets. Opened 64 years ago in 1957, AIRCO FEDERAL CREDIT UNION has about 1,142 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 East Walnut Street
Pasadena, CA 91101
Phone:(818) 244-6571
Fax:(818) 244-1009
Website:http://www.aircofcu.org
Branches:1 branch locations
Members:1,142
Credit Union Type:Federal Credit Union
Charter Number:11917
Membership Type:Manufacturing - Machinery
Corporate Credit Union:No
Year Opened:1957
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$13,166,160
CEO/Manager:Stephanie Vargas
Chairperson:Carlton Seyforth

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 945,242
TOTAL INVESTMENTS 8,216,711
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 672,812
 Other Loans 3,161,718
 TOTAL LOANS 3,834,530
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -20,719
 Land And Building 0
 Other Fixed Assets 2,259
 NCUSIF Deposit 108,800
 All Other Assets 79,337
  TOTAL ASSETS 13,166,160
LIABILITIES & CAPITAL:  
 Dividends Payable 929
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 47,901
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,825,705
 Regular shares 7,622,656
 All Other Shares & Deposits 2,177,412
  TOTAL SHARES & DEPOSITS 11,625,773
  TOTAL LIABILITIES 11,674,603
 Regular Reserve 133,085
 Other Reserves 0
 Undivided Earnings 1,358,472
  TOTAL EQUITY 1,491,557
  TOTAL LIABILITIES, SHARES, & EQUITY 13,166,160
INCOME & EXPENSE  
 Loan Income 89,287
 Investment Income 45,590
 Other Income 15,139
 Total Employee Compensation & Benefits 45,500
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 99,557
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,300
 Cost of Funds 8,636
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 7,632
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