Dec, 31, 2020 — COUNTY SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in Ventura, CA with 2 branch locations and about $69.29 million in total assets. Opened 61 years ago in 1960, COUNTY SCHOOLS FEDERAL CREDIT UNION has about 5,392 members and employs 19 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COUNTY SCHOOLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4591 Market St Ventura, CA 93003-7710 |
| Phone: | (805) 644-4657 |
| Fax: | (805) 650-7301 |
| Website: | http://csfcu.org |
| Branches: | 2 branch locations |
| Members: | 5,392 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13495 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Mar 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $69,292,646 |
| CEO/Manager: | John Bagents |
| Chairperson: | FRANCINE TORRIGIANI |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,828,440 |
| TOTAL INVESTMENTS | 3,197,518 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 30,755,809 |
| Unsecured Loans | 4,120,600 |
| Other Loans | 14,222,190 |
| TOTAL LOANS | 49,098,599 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -445,751 |
| Land And Building | 5,016,327 |
| Other Fixed Assets | 428,502 |
| NCUSIF Deposit | 584,103 |
| All Other Assets | 584,908 |
| TOTAL ASSETS | 69,292,646 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 188,660 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,345,053 |
| Regular shares | 30,811,608 |
| All Other Shares & Deposits | 21,774,304 |
| TOTAL SHARES & DEPOSITS | 64,930,965 |
| TOTAL LIABILITIES | 65,119,625 |
| Regular Reserve | 2,485,344 |
| Other Reserves | 12,061 |
| Undivided Earnings | 1,675,616 |
| TOTAL EQUITY | 4,173,021 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 69,292,646 |
| INCOME & EXPENSE | |
| Loan Income | 2,109,050 |
| Investment Income | 193,108 |
| Other Income | 533,358 |
| Total Employee Compensation & Benefits | 1,283,290 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,269,460 |
| Non-operating Income & (Expense) | 69,945 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 182,807 |
| Cost of Funds | 277,312 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -107,408 |
| ↑ Back to Top | |