Credit Unions Near Me
National Credit Union Service Organization

AEROSPACE FEDERAL CREDIT UNION

Jun, 30, 2023 — AEROSPACE FEDERAL CREDIT UNION is a federal credit union headquartered in EL SEGUNDO, CA with 3 branch locations and about $395.07 million in total assets. Opened 63 years ago in 1961, AEROSPACE FEDERAL CREDIT UNION has about 10,345 members and employs 25 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 322070789
Name:AEROSPACE FEDERAL CREDIT UNION
Address:
(Main Office)
2310 E El Segundo Blvd
EL SEGUNDO, CA 90245
Phone:(310) 336-5030
Fax:(310) 336-8212
Website:https://www.aerofcu.org
Branches:3 branch locations
Members:10,345
Credit Union Type:Federal Credit Union
Charter Number:14723
Membership Type:Military
Corporate Credit Union:No
Year Opened:1961
Last Audited:Dec 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$395,069,586
CEO/Manager:Marvin L Thomas
Chairperson:David Christopher

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,752,327
TOTAL INVESTMENTS 0
Loans Held for Sale 250,000
 
 Real Estate Loans 73,574,618
 Unsecured Loans 6,425,458
 Other Loans 18,013,438
 TOTAL LOANS 98,013,514
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -50,000
 Land And Building 0
 Other Fixed Assets 2,512,789
 NCUSIF Deposit 3,569,393
 All Other Assets 0
  TOTAL ASSETS 395,069,586
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 5,000,000
 Accounts Payable & Other Liabilities 2,740,058
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 31,304,665
 Regular shares 247,209,378
 All Other Shares & Deposits 103,865,339
  TOTAL SHARES & DEPOSITS 382,379,382
  TOTAL LIABILITIES 390,119,440
 Regular Reserve 0
 Other Reserves -36,574,121
 Undivided Earnings 41,524,267
  TOTAL EQUITY 4,950,146
  TOTAL LIABILITIES, SHARES, & EQUITY 395,069,586
INCOME & EXPENSE  
 Loan Income 2,207,003
 Investment Income 3,824,654
 Other Income 74,211
 Total Employee Compensation & Benefits 1,530,816
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,835,615
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -32,581
 Cost of Funds 1,070,802
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,572,773
↑ Back to Top

Other Credit Unions

PEOPLES IND CHURCH FEDERAL CREDIT UNION
5856 WEST BLVD
LOS ANGELES, CA 90043
MATTEL FEDERAL CREDIT UNION
333 Continental Blvd
EL SEGUNDO, CA 90245
FOX FEDERAL CREDIT UNION
1990 Westwood Blvd
LOS ANGELES, CA 90025
JACOM CREDIT UNION
3037 w jefferson blvd
LOS ANGELES, CA 90018
PACIFIC TRANSPORTATION FEDERAL CREDIT UNION
101 W Walnut St Ste 101
GARDENA, CA 90248-3142
NIKKEI CREDIT UNION
18425 S Western Ave
GARDENA, CA 90248
CALIFORNIA LITHUANIAN CREDIT UNION
2806 Santa Monica Blvd
SANTA MONICA, CA 90404-2410
SOUTH BAY CREDIT UNION
312 N Pacific Coast Hwy
REDONDO BEACH, CA 90277-2837
XCEED FINANCIAL FEDERAL CREDIT UNION
888 N NASH ST
EL SEGUNDO, CA 90245
SKYONE FEDERAL CREDIT UNION
14600 Aviation Blvd
HAWTHORNE, CA 90250

— The information found on this website is provided “AS IS”. We do not verify or guarantee its accuracy or validity. Please contact the credit union directly for any specific questions you may have regarding services and/or features. Visit NCUA.gov or MyCreditUnion.gov for more information regarding credit unions.