Mar, 31, 2021 — ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ONTARIO, CA with 1 branch location and about $28.01 million in total assets. Opened 62 years ago in 1959, ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION has about 2,058 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. BOX 830 ONTARIO, CA 91762 |
| Phone: | (909) 984-8781 |
| Fax: | (909) 984-4581 |
| Website: | http://www.opefcu.org |
| Branches: | 1 branch locations |
| Members: | 2,058 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13044 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $28,006,224 |
| CEO/Manager: | John Meeks |
| Chairperson: | Ray Cudaback |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,390,749 |
| TOTAL INVESTMENTS | 7,548,586 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 373,745 |
| Unsecured Loans | 2,722,945 |
| Other Loans | 8,732,964 |
| TOTAL LOANS | 11,829,654 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,906 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 188,360 |
| All Other Assets | 93,781 |
| TOTAL ASSETS | 28,006,224 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 12,641 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 52,044 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,759,280 |
| Regular shares | 16,389,194 |
| All Other Shares & Deposits | 4,764,079 |
| TOTAL SHARES & DEPOSITS | 25,912,553 |
| TOTAL LIABILITIES | 25,977,238 |
| Regular Reserve | 512,108 |
| Other Reserves | 0 |
| Undivided Earnings | 1,516,878 |
| TOTAL EQUITY | 2,028,986 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 28,006,224 |
| INCOME & EXPENSE | |
| Loan Income | 149,052 |
| Investment Income | 40,741 |
| Other Income | 7,927 |
| Total Employee Compensation & Benefits | 99,299 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 82,757 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 11,204 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 32,643 |
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