Dec, 31, 2023 — SMW 104 FEDERAL CREDIT UNION is a federal credit union headquartered in LIVERMORE, CA with 1 branch location and about $105.09 million in total assets. Opened 62 years ago in 1962, SMW 104 FEDERAL CREDIT UNION has about 9,476 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SMW 104 FEDERAL CREDIT UNION |
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Address: (Main Office) | 3156 Constitution Dr LIVERMORE, CA 94551-7570 |
Phone: | (510) 483-1300 |
Fax: | (925) 230-5115 |
Website: | https://www.smw104fcu.org |
Branches: | 1 branch locations |
Members: | 9,476 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14934 |
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Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1962 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $105,086,701 |
CEO/Manager: | Sherry Javad |
Chairperson: | Kevin Van Buskirk |
ASSETS: | $ Amount |
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Cash & Equivalents | 8,104,560 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 10,231,395 |
Unsecured Loans | 9,454,893 |
Other Loans | 27,366,073 |
TOTAL LOANS | 50,948,216 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -204,399 |
Land And Building | 43,876 |
Other Fixed Assets | 412,067 |
NCUSIF Deposit | 952,793 |
All Other Assets | 0 |
TOTAL ASSETS | 105,086,701 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,165,535 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 32,785,679 |
Regular shares | 27,001,797 |
All Other Shares & Deposits | 34,733,801 |
TOTAL SHARES & DEPOSITS | 94,521,277 |
TOTAL LIABILITIES | 95,686,812 |
Regular Reserve | 0 |
Other Reserves | -970,843 |
Undivided Earnings | 10,370,732 |
TOTAL EQUITY | 9,399,889 |
TOTAL LIABILITIES, SHARES, & EQUITY | 105,086,701 |
INCOME & EXPENSE | |
Loan Income | 2,521,564 |
Investment Income | 1,907,255 |
Other Income | 149,970 |
Total Employee Compensation & Benefits | 1,581,857 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,561,081 |
Non-operating Income & (Expense) | -11,373 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 60,851 |
Cost of Funds | 387,455 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,450,254 |
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» See also Statement of Financial Condition