Sep, 30, 2022 — SMW 104 FEDERAL CREDIT UNION is a federal credit union headquartered in LIVERMORE, CA with 1 branch location and about $109.36 million in total assets. Opened 61 years ago in 1962, SMW 104 FEDERAL CREDIT UNION has about 9,206 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: | SMW 104 FEDERAL CREDIT UNION |
|---|---|
| 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: | 9,206 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14934 |
|---|---|
| Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Mar 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $109,358,377 |
| CEO/Manager: | Sherry Javad |
| Chairperson: | Kevin Van Buskirk |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,963,947 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 10,952,554 |
| Unsecured Loans | 8,359,707 |
| Other Loans | 29,001,554 |
| TOTAL LOANS | 51,210,147 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -217,998 |
| Land And Building | 52,095 |
| Other Fixed Assets | 13,010 |
| NCUSIF Deposit | 998,047 |
| All Other Assets | 6,369 |
| TOTAL ASSETS | 109,358,377 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 215,518 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,872,963 |
| Regular shares | 55,587,616 |
| All Other Shares & Deposits | 34,409,173 |
| TOTAL SHARES & DEPOSITS | 101,869,752 |
| TOTAL LIABILITIES | 102,085,270 |
| Regular Reserve | 0 |
| Other Reserves | -1,329,518 |
| Undivided Earnings | 8,602,625 |
| TOTAL EQUITY | 7,273,107 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 109,358,377 |
| INCOME & EXPENSE | |
| Loan Income | 1,244,776 |
| Investment Income | 668,243 |
| Other Income | 101,931 |
| Total Employee Compensation & Benefits | 726,990 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,094,970 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 144,638 |
| Cost of Funds | 84,052 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 497,368 |
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