Mar, 31, 2021 — SONOMA FEDERAL CREDIT UNION is a federal credit union headquartered in SANTA ROSA, CA with 1 branch location and about $44.20 million in total assets. Opened 60 years ago in 1961, SONOMA FEDERAL CREDIT UNION has about 1,720 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SONOMA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1194 MONTGOMERY DR SANTA ROSA, CA 95405-4802 |
| Phone: | (707) 527-6216 |
| Fax: | (707) 527-6835 |
| Website: | http://www.sonomafed.com |
| Branches: | 1 branch locations |
| Members: | 1,720 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14415 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $44,198,827 |
| CEO/Manager: | Renee Rayhill |
| Chairperson: | Kimberly Butler |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,440,845 |
| TOTAL INVESTMENTS | 4,750,000 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 12,395,503 |
| Unsecured Loans | 22,311 |
| Other Loans | 21,696,713 |
| TOTAL LOANS | 34,114,527 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -109,749 |
| Land And Building | 0 |
| Other Fixed Assets | 60,401 |
| NCUSIF Deposit | 283,690 |
| All Other Assets | 1,659,113 |
| TOTAL ASSETS | 44,198,827 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 189,422 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,274,228 |
| Regular shares | 12,064,664 |
| All Other Shares & Deposits | 20,846,921 |
| TOTAL SHARES & DEPOSITS | 39,185,813 |
| TOTAL LIABILITIES | 39,375,235 |
| Regular Reserve | 558,004 |
| Other Reserves | 0 |
| Undivided Earnings | 4,265,588 |
| TOTAL EQUITY | 4,823,592 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 44,198,827 |
| INCOME & EXPENSE | |
| Loan Income | 416,330 |
| Investment Income | 658 |
| Other Income | 85,352 |
| Total Employee Compensation & Benefits | 173,084 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 91,959 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 76,948 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 160,349 |
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