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MENLO SURVEY FEDERAL CREDIT UNION

Sep, 30, 2021 — MENLO SURVEY FEDERAL CREDIT UNION is a federal credit union headquartered in Menlo Park, CA with 1 branch location and about $74.06 million in total assets. Opened 63 years ago in 1959, MENLO SURVEY FEDERAL CREDIT UNION has about 2,747 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: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:$74,056,556
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 21,022,893
TOTAL INVESTMENTS 16,553,691
Loans Held for Sale 0
 
 Real Estate Loans 28,875,205
 Unsecured Loans 1,236,818
 Other Loans 3,531,255
 TOTAL LOANS 33,643,278
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -35,755
 Land And Building 0
 Other Fixed Assets 459,517
 NCUSIF Deposit 559,272
 All Other Assets 1,853,660
  TOTAL ASSETS 74,056,556
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 185,633
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 10,737,287
 Regular shares 26,268,269
 All Other Shares & Deposits 26,794,743
  TOTAL SHARES & DEPOSITS 63,800,299
  TOTAL LIABILITIES 63,985,932
 Regular Reserve 534,072
 Other Reserves 0
 Undivided Earnings 9,536,552
  TOTAL EQUITY 10,070,624
  TOTAL LIABILITIES, SHARES, & EQUITY 74,056,556
INCOME & EXPENSE  
 Loan Income 822,320
 Investment Income 430,156
 Other Income 9,724
 Total Employee Compensation & Benefits 354,201
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 485,471
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -10,851
 Cost of Funds 92,105
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 424,951
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