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RANCHO FEDERAL CREDIT UNION

Sep, 30, 2025 — RANCHO FEDERAL CREDIT UNION is a federal credit union headquartered in DOWNEY, CA with 3 branch locations and about $109.10 million in total assets. Opened 90 years ago in 1936, RANCHO FEDERAL CREDIT UNION has about 7,051 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:RANCHO FEDERAL CREDIT UNION
Address:
(Main Office)
12620 Erickson Ave Ste H
DOWNEY, CA 90242-4019
Phone:(562) 803-6401
Fax:(562) 803-8798
Website:https://www.ranchofcu.org
Branches:3 branch locations
Members:7,051
Credit Union Type:Federal Credit Union
Charter Number:1204
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1936
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$109,104,136
CEO/Manager:Beatrice Scott
Chairperson:Jason M Lockhart

Call Report

  • Payday Alternative Loans (PAL Loans)
  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,135,533
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 33,194,244
 Unsecured Loans 5,290,165
 Other Loans 24,789,401
 TOTAL LOANS 63,273,811
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -184,443
 Land And Building 33,084
 Other Fixed Assets 129,740
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 961,024
 All Other Assets 0
  TOTAL ASSETS 109,104,136
LIABILITIES & CAPITAL:  
 Dividends Payable 229
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 192,112
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 26,403,791
 Regular shares 54,151,989
 All Other Shares & Deposits 19,381,976
  TOTAL SHARES & DEPOSITS 99,937,755
  TOTAL LIABILITIES 100,130,096
 Regular Reserve 0
 Other Reserves -172,418
 Undivided Earnings 9,146,458
  TOTAL EQUITY 8,974,040
  TOTAL LIABILITIES, SHARES, & EQUITY 109,104,136
INCOME & EXPENSE  
 Loan Income 2,492,956
 Investment Income 1,066,322
 Other Income 690,926
 Total Employee Compensation & Benefits 1,624,128
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 2,086,887
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 207,420
 Cost of Funds 275,783
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 349,277
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