Dec, 31, 2021 — SEA WEST COAST GUARD FEDERAL CREDIT UNION is a federal credit union headquartered in OAKLAND, CA with 2 branch locations and about $428.96 million in total assets. Opened 63 years ago in 1959, SEA WEST COAST GUARD FEDERAL CREDIT UNION has about 11,595 members and employs 42 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SEA WEST COAST GUARD FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 8750 Mountain Blvd OAKLAND, CA 94605-4500 |
Phone: | (510) 568-4100 |
Fax: | (510) 430-0165 |
Website: | http://www.seawest.coop |
Branches: | 2 branch locations |
Members: | 11,595 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 12814 |
---|---|
Membership Type: | Multiple common bond - Primarily military |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $428,959,863 |
CEO/Manager: | Tom Doherty |
Chairperson: | Jerry Doherty |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 7,988,578 |
TOTAL INVESTMENTS | 182,879,318 |
Loans Held for Sale | 0 |
Real Estate Loans | 194,375,112 |
Unsecured Loans | 7,533,887 |
Other Loans | 31,299,688 |
TOTAL LOANS | 233,208,687 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -611,346 |
Land And Building | 555,247 |
Other Fixed Assets | 409,205 |
NCUSIF Deposit | 2,825,783 |
All Other Assets | 1,704,391 |
TOTAL ASSETS | 428,959,863 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 891,222 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 52,544,792 |
Regular shares | 180,578,581 |
All Other Shares & Deposits | 119,836,648 |
TOTAL SHARES & DEPOSITS | 352,960,021 |
TOTAL LIABILITIES | 353,851,243 |
Regular Reserve | 3,941,195 |
Other Reserves | 845,617 |
Undivided Earnings | 70,321,808 |
TOTAL EQUITY | 75,108,620 |
TOTAL LIABILITIES, SHARES, & EQUITY | 428,959,863 |
INCOME & EXPENSE | |
Loan Income | 6,638,617 |
Investment Income | 2,856,970 |
Other Income | 514,302 |
Total Employee Compensation & Benefits | 4,514,733 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,498,421 |
Non-operating Income & (Expense) | 21,226 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 181,000 |
Cost of Funds | 2,932,373 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 707,649 |
↑ Back to Top |