Dec, 31, 2020 — KAIPERM FEDERAL CREDIT UNION is a federal credit union headquartered in WALNUT CREEK, CA with 2 branch locations and about $85.01 million in total assets. Opened 64 years ago in 1957, KAIPERM FEDERAL CREDIT UNION has about 5,707 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KAIPERM FEDERAL CREDIT UNION |
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Address: (Main Office) | 325 N WIGET LN STE130 WALNUT CREEK, CA 94598-2435 |
Phone: | (925) 939-5626 |
Fax: | (925) 939-5628 |
Website: | http://www.kaipermcu.org |
Branches: | 2 branch locations |
Members: | 5,707 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11944 |
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Membership Type: | Service - Health Care |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Dec 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $85,006,906 |
CEO/Manager: | Karen A Introcaso |
Chairperson: | Les Chan |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,444,160 |
TOTAL INVESTMENTS | 8,815,942 |
Loans Held for Sale | 0 |
Real Estate Loans | 25,928,906 |
Unsecured Loans | 28,759,810 |
Other Loans | 10,034,479 |
TOTAL LOANS | 64,723,195 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -351,164 |
Land And Building | 4,340,478 |
Other Fixed Assets | 2,089,940 |
NCUSIF Deposit | 655,400 |
All Other Assets | 288,955 |
TOTAL ASSETS | 85,006,906 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 224,181 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 13,887,357 |
Regular shares | 40,887,052 |
All Other Shares & Deposits | 20,847,854 |
TOTAL SHARES & DEPOSITS | 75,622,263 |
TOTAL LIABILITIES | 75,846,444 |
Regular Reserve | 1,721,725 |
Other Reserves | 18,376 |
Undivided Earnings | 7,420,361 |
TOTAL EQUITY | 9,160,462 |
TOTAL LIABILITIES, SHARES, & EQUITY | 85,006,906 |
INCOME & EXPENSE | |
Loan Income | 2,163,584 |
Investment Income | 99,949 |
Other Income | 256,211 |
Total Employee Compensation & Benefits | 1,260,082 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,212,333 |
Non-operating Income & (Expense) | 89,346 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -406 |
Cost of Funds | 325,582 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -188,501 |
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