Dec, 31, 2023 — COAST360 FEDERAL CREDIT UNION is a federal credit union headquartered in MAITE, GU with 3 branch locations and about $523.42 million in total assets. Opened 62 years ago in 1962, COAST360 FEDERAL CREDIT UNION has about 45,895 members and employs 140 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COAST360 FEDERAL CREDIT UNION |
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Address: (Main Office) | 450 Route 8 MAITE, GU 96910-2010 |
Phone: | (671) 477-8736 |
Fax: | (671) 477-1155 |
Website: | https://www.coast360fcu.com |
Branches: | 3 branch locations |
Members: | 45,895 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 15222 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1962 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $523,424,985 |
CEO/Manager: | Gener F Deliquina |
Chairperson: | Paul D Leon Guerrero |
ASSETS: | $ Amount |
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Cash & Equivalents | 28,794,216 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 120,000 |
Real Estate Loans | 196,395,991 |
Unsecured Loans | 114,977,681 |
Other Loans | 61,185,538 |
TOTAL LOANS | 374,221,698 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,324,338 |
Land And Building | 34,089,359 |
Other Fixed Assets | 1,891,765 |
NCUSIF Deposit | 3,784,309 |
All Other Assets | 5,752 |
TOTAL ASSETS | 523,424,985 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 3,604,722 |
Notes & Interest Payable | 6,000,000 |
Accounts Payable & Other Liabilities | 7,499,079 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 69,302,837 |
Regular shares | 204,575,650 |
All Other Shares & Deposits | 176,634,471 |
TOTAL SHARES & DEPOSITS | 450,512,958 |
TOTAL LIABILITIES | 467,616,759 |
Regular Reserve | 0 |
Other Reserves | -13,417,593 |
Undivided Earnings | 69,225,819 |
TOTAL EQUITY | 55,808,226 |
TOTAL LIABILITIES, SHARES, & EQUITY | 523,424,985 |
INCOME & EXPENSE | |
Loan Income | 20,449,395 |
Investment Income | 2,591,638 |
Other Income | 3,825,172 |
Total Employee Compensation & Benefits | 7,678,918 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 10,109,694 |
Non-operating Income & (Expense) | 114,678 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,168,387 |
Cost of Funds | 4,889,875 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,146,445 |
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