Mar, 31, 2022 — ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ONTARIO, CA with 2 branch locations and about $28.02 million in total assets. Opened 63 years ago in 1959, ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION has about 2,020 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: | http://www.opefcu.org |
| Branches: | 2 branch locations |
| Members: | 2,020 |
| 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: | $28,016,300 |
| CEO/Manager: | John Meeks |
| Chairperson: | Ray Cudaback |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,020,247 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 348,764 |
| Unsecured Loans | 4,173,781 |
| Other Loans | 7,674,315 |
| TOTAL LOANS | 12,196,860 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,175 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 234,955 |
| All Other Assets | 0 |
| TOTAL ASSETS | 28,016,300 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 5,547 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 59,156 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,737,125 |
| Regular shares | 16,371,997 |
| All Other Shares & Deposits | 4,643,323 |
| TOTAL SHARES & DEPOSITS | 25,752,445 |
| TOTAL LIABILITIES | 25,817,148 |
| Regular Reserve | 0 |
| Other Reserves | 512,108 |
| Undivided Earnings | 1,687,044 |
| TOTAL EQUITY | 2,199,152 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 28,016,300 |
| INCOME & EXPENSE | |
| Loan Income | 154,450 |
| Investment Income | 34,066 |
| Other Income | 8,759 |
| Total Employee Compensation & Benefits | 88,006 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 121,440 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,000 |
| Cost of Funds | 8,204 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 73,299 |
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