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MENLO SURVEY FEDERAL CREDIT UNION

Dec, 31, 2021 — MENLO SURVEY FEDERAL CREDIT UNION is a federal credit union headquartered in MENLO PARK, CA with 1 branch location and about $75.92 million in total assets. Opened 63 years ago in 1959, MENLO SURVEY FEDERAL CREDIT UNION has about 2,747 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MENLO SURVEY FEDERAL CREDIT UNION
Address:
(Main Office)
345 Middlefield Rd
MENLO PARK, CA 94025
Phone:(650) 323-2493
Fax:(650) 323-9541
Website:http://www.menlosurveyfcu.com
Branches:1 branch locations
Members:2,747
Credit Union Type:Federal Credit Union
Charter Number:13394
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1959
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$75,916,300
CEO/Manager:Kelly R Keniston
Chairperson:Shane Detweiler

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 25,392,502
TOTAL INVESTMENTS 14,585,690
Loans Held for Sale 0
 
 Real Estate Loans 29,761,901
 Unsecured Loans 1,692,243
 Other Loans 3,071,486
 TOTAL LOANS 34,525,630
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -42,157
 Land And Building 0
 Other Fixed Assets 386,169
 NCUSIF Deposit 577,961
 All Other Assets 490,505
  TOTAL ASSETS 75,916,300
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 124,390
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 11,376,176
 Regular shares 27,290,067
 All Other Shares & Deposits 27,047,516
  TOTAL SHARES & DEPOSITS 65,713,759
  TOTAL LIABILITIES 65,838,149
 Regular Reserve 534,072
 Other Reserves 0
 Undivided Earnings 9,544,079
  TOTAL EQUITY 10,078,151
  TOTAL LIABILITIES, SHARES, & EQUITY 75,916,300
INCOME & EXPENSE  
 Loan Income 1,104,086
 Investment Income 534,516
 Other Income 14,200
 Total Employee Compensation & Benefits 518,630
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 698,558
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,155
 Cost of Funds 115,059
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 432,476
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