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SOUTH SAN FRANCISCO CITY EMP FEDERAL CREDIT UNION

Mar, 31, 2021 — SOUTH SAN FRANCISCO CITY EMP FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH SAN FRANC, CA with 1 branch location and about $3.56 million in total assets. Opened 62 years ago in 1959, SOUTH SAN FRANCISCO CITY EMP FEDERAL CREDIT UNION has about 422 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SOUTH SAN FRANCISCO CITY EMP FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. BOX 5641
SOUTH SAN FRANC, CA 94083-5641
Phone:(650) 829-3812
Fax:(650) 654-5818
Website:n/a
Branches:1 branch locations
Members:422
Credit Union Type:Federal Credit Union
Charter Number:13124
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1959
Last Audited:Oct 01, 2018
FHLB Member:No
Low Income Designation:No
Assets:$3,560,685
CEO/Manager:Sandi Trembley
Chairperson:David Casagrande

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 935,929
TOTAL INVESTMENTS 1,898,999
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 51,935
 Other Loans 642,511
 TOTAL LOANS 694,446
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,126
 Land And Building 0
 Other Fixed Assets 6,195
 NCUSIF Deposit 26,635
 All Other Assets 1,607
  TOTAL ASSETS 3,560,685
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,951
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,238,059
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 3,238,059
  TOTAL LIABILITIES 3,240,010
 Regular Reserve 91,661
 Other Reserves 0
 Undivided Earnings 229,014
  TOTAL EQUITY 320,675
  TOTAL LIABILITIES, SHARES, & EQUITY 3,560,685
INCOME & EXPENSE  
 Loan Income 4,690
 Investment Income 618
 Other Income 0
 Total Employee Compensation & Benefits 9,524
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,710
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -318
 Cost of Funds 784
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -12,392
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