Dec, 31, 2023 — ESCONDIDO FEDERAL CREDIT UNION is a federal credit union headquartered in ESCONDIDO, CA with 1 branch location and about $55.51 million in total assets. Opened 65 years ago in 1959, ESCONDIDO FEDERAL CREDIT UNION has about 2,112 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ESCONDIDO FEDERAL CREDIT UNION |
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Address: (Main Office) | 201 N Broadway ESCONDIDO, CA 92025 |
Phone: | (760) 839-6225 |
Fax: | (760) 746-1189 |
Website: | https://www.escondidofcu.com |
Branches: | 1 branch locations |
Members: | 2,112 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13402 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $55,511,788 |
CEO/Manager: | Luz Armenta |
Chairperson: | Daniel Zorn |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,194,691 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 6,649,265 |
Unsecured Loans | 1,944,165 |
Other Loans | 11,576,387 |
TOTAL LOANS | 20,169,817 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -116,635 |
Land And Building | 0 |
Other Fixed Assets | 59,308 |
NCUSIF Deposit | 516,514 |
All Other Assets | 0 |
TOTAL ASSETS | 55,511,788 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 398,388 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 8,085,092 |
Regular shares | 27,348,598 |
All Other Shares & Deposits | 12,728,470 |
TOTAL SHARES & DEPOSITS | 48,162,160 |
TOTAL LIABILITIES | 48,560,548 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 6,951,240 |
TOTAL EQUITY | 6,951,240 |
TOTAL LIABILITIES, SHARES, & EQUITY | 55,511,788 |
INCOME & EXPENSE | |
Loan Income | 996,658 |
Investment Income | 900,079 |
Other Income | 85,625 |
Total Employee Compensation & Benefits | 679,924 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 597,618 |
Non-operating Income & (Expense) | -1 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,624 |
Cost of Funds | 82,570 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 801,669 |
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» See also Statement of Financial Condition