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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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