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SOUTH SAN FRANCISCO CITY EMP FEDERAL CREDIT UNION

Mar, 31, 2022 — SOUTH SAN FRANCISCO CITY EMP FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH SAN FRANCISCO, CA with 1 branch location and about $3.66 million in total assets. Opened 63 years ago in 1959, SOUTH SAN FRANCISCO CITY EMP FEDERAL CREDIT UNION has about 402 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)
33 Arroyo Dr
SOUTH SAN FRANCISCO, CA 94080-3153
Phone:(650) 829-3812
Fax:(650) 654-5818
Website:n/a
Branches:1 branch locations
Members:402
Credit Union Type:Federal Credit Union
Charter Number:13124
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1959
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$3,660,390
CEO/Manager:Sandi Trembley
Chairperson:David Casagrande

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,750,716
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 37,466
 Other Loans 440,959
 TOTAL LOANS 478,425
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,071
 Land And Building 0
 Other Fixed Assets 4,587
 NCUSIF Deposit 28,515
 All Other Assets 0
  TOTAL ASSETS 3,660,390
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,772
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,413,547
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 3,413,547
  TOTAL LIABILITIES 3,417,319
 Regular Reserve 0
 Other Reserves 91,661
 Undivided Earnings 151,410
  TOTAL EQUITY 243,071
  TOTAL LIABILITIES, SHARES, & EQUITY 3,660,390
INCOME & EXPENSE  
 Loan Income 3,266
 Investment Income 808
 Other Income 0
 Total Employee Compensation & Benefits 9,482
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 10,675
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -160
 Cost of Funds 833
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -16,756
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