Dec, 31, 2020 — ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ONTARIO, CA with 1 branch location and about $26.91 million in total assets. Opened 62 years ago in 1959, ONTARIO PUBLIC EMPLOYEES FEDERAL CREDIT UNION has about 2,073 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: | 2,073 |
| 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: | $26,914,677 |
| CEO/Manager: | John Meeks |
| Chairperson: | Ray Cudaback |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,942,012 |
| TOTAL INVESTMENTS | 7,798,586 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 490,462 |
| Unsecured Loans | 2,711,211 |
| Other Loans | 8,738,188 |
| TOTAL LOANS | 11,939,861 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -45,790 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 188,360 |
| All Other Assets | 91,648 |
| TOTAL ASSETS | 26,914,677 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 12,515 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 33,220 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,921,948 |
| Regular shares | 15,265,578 |
| All Other Shares & Deposits | 4,685,073 |
| TOTAL SHARES & DEPOSITS | 24,872,599 |
| TOTAL LIABILITIES | 24,918,334 |
| Regular Reserve | 512,108 |
| Other Reserves | 0 |
| Undivided Earnings | 1,484,235 |
| TOTAL EQUITY | 1,996,343 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 26,914,677 |
| INCOME & EXPENSE | |
| Loan Income | 652,594 |
| Investment Income | 167,895 |
| Other Income | 137,110 |
| Total Employee Compensation & Benefits | 360,363 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 349,906 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 39,000 |
| Cost of Funds | 40,759 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 167,571 |
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