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INLAND FEDERAL CREDIT UNION

Jun, 30, 2024 — INLAND FEDERAL CREDIT UNION is a federal credit union headquartered in LA MESA, CA with 1 branch location and about $15.30 million in total assets. Opened 64 years ago in 1960, INLAND FEDERAL CREDIT UNION has about 1,309 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:INLAND FEDERAL CREDIT UNION
Address:
(Main Office)
8811 Grossmont Blvd
LA MESA, CA 91942
Phone:(619) 444-5656
Fax:(619) 444-2795
Website:https://www.inlandfederal.org
Branches:1 branch locations
Members:1,309
Credit Union Type:Federal Credit Union
Charter Number:14016
Membership Type:Multiple common bond - Primarily faith based
Corporate Credit Union:No
Year Opened:1960
Last Audited:Sep 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$15,303,596
CEO/Manager:Jeff Lower
Chairperson:Kathy Sladek

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 644,616
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,427,775
 Unsecured Loans 988,435
 Other Loans 5,802,675
 TOTAL LOANS 11,218,885
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -60,468
 Land And Building 3,151,250
 Other Fixed Assets 5,589
 NCUSIF Deposit 136,464
 All Other Assets 0
  TOTAL ASSETS 15,303,596
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 66,083
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,567,313
 Regular shares 7,893,644
 All Other Shares & Deposits 1,683,235
  TOTAL SHARES & DEPOSITS 14,144,192
  TOTAL LIABILITIES 14,210,275
 Regular Reserve 0
 Other Reserves 181,101
 Undivided Earnings 912,220
  TOTAL EQUITY 1,093,321
  TOTAL LIABILITIES, SHARES, & EQUITY 15,303,596
INCOME & EXPENSE  
 Loan Income 425,460
 Investment Income 2,433
 Other Income 85,682
 Total Employee Compensation & Benefits 205,864
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 265,074
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 36,587
 Cost of Funds 14,102
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 35,356
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