Jun, 30, 2024 — PARADISE VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in NATIONAL CITY, CA with 2 branch locations and about $91.33 million in total assets. Opened 67 years ago in 1957, PARADISE VALLEY FEDERAL CREDIT UNION has about 4,874 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: | PARADISE VALLEY FEDERAL CREDIT UNION |
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Address: (Main Office) | 2700 E 4th St NATIONAL CITY, CA 91950-3006 |
Phone: | (800) 253-6991 |
Fax: | (619) 475-0998 |
Website: | https://www.paradisevalleyfcu.org |
Branches: | 2 branch locations |
Members: | 4,874 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11953 |
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Membership Type: | Multiple common bond - Primarily faith based |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $91,332,116 |
CEO/Manager: | Gerald Schaffner |
Chairperson: | John Mendivil |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,047,812 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 22,723,215 |
Unsecured Loans | 1,210,182 |
Other Loans | 30,480,630 |
TOTAL LOANS | 54,414,027 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -208,310 |
Land And Building | 0 |
Other Fixed Assets | 192,946 |
NCUSIF Deposit | 803,564 |
All Other Assets | 0 |
TOTAL ASSETS | 91,332,116 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,687,982 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 21,327,398 |
Regular shares | 39,432,688 |
All Other Shares & Deposits | 21,368,080 |
TOTAL SHARES & DEPOSITS | 82,128,166 |
TOTAL LIABILITIES | 83,816,148 |
Regular Reserve | 0 |
Other Reserves | 4,501,256 |
Undivided Earnings | 3,014,712 |
TOTAL EQUITY | 7,515,968 |
TOTAL LIABILITIES, SHARES, & EQUITY | 91,332,116 |
INCOME & EXPENSE | |
Loan Income | 1,449,226 |
Investment Income | 295,573 |
Other Income | 126,591 |
Total Employee Compensation & Benefits | 918,572 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 978,283 |
Non-operating Income & (Expense) | 97,656 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 197,051 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -124,860 |
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