Jun, 30, 2024 — ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ONTARIO, CA with 2 branch locations and about $28.85 million in total assets. Opened 65 years ago in 1959, ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION has about 1,962 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) | 202 W B St ONTARIO, CA 91762 |
| Phone: | (909) 984-8781 |
| Fax: | (909) 984-4581 |
| Website: | https://www.opefcu.org |
| Branches: | 2 branch locations |
| Members: | 1,962 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $28,851,389 |
| CEO/Manager: | John Meeks |
| Chairperson: | Ray Cudaback |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,409,280 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 335,058 |
| Unsecured Loans | 3,771,224 |
| Other Loans | 8,914,083 |
| TOTAL LOANS | 13,020,365 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -61,692 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 236,887 |
| All Other Assets | 0 |
| TOTAL ASSETS | 28,851,389 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,095 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 55,280 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,249,754 |
| Regular shares | 17,557,189 |
| All Other Shares & Deposits | 3,645,745 |
| TOTAL SHARES & DEPOSITS | 26,452,688 |
| TOTAL LIABILITIES | 26,511,063 |
| Regular Reserve | 0 |
| Other Reserves | 512,108 |
| Undivided Earnings | 1,828,218 |
| TOTAL EQUITY | 2,340,326 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 28,851,389 |
| INCOME & EXPENSE | |
| Loan Income | 493,203 |
| Investment Income | 158,735 |
| Other Income | 29,233 |
| Total Employee Compensation & Benefits | 250,757 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 304,133 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 41,000 |
| Cost of Funds | 21,631 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 214,472 |
| ↑ Back to Top | |