Sep, 30, 2025 — NOVO FEDERAL CREDIT UNION is a federal credit union headquartered in NORCO, CA with 1 branch location and about $18.27 million in total assets. Opened 63 years ago in 1963, NOVO FEDERAL CREDIT UNION has about 2,272 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NOVO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2191 5th St Ste 202 NORCO, CA 92860-1967 |
| Phone: | (951) 737-6262 |
| Fax: | (951) 737-1227 |
| Website: | https://www.novocu.org |
| Branches: | 1 branch locations |
| Members: | 2,272 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15784 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Oct 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $18,268,888 |
| CEO/Manager: | George San Martin |
| Chairperson: | Rodger D Moore |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 528,078 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,993,409 |
| Other Loans | 10,397,694 |
| TOTAL LOANS | 12,391,103 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -91,629 |
| Land And Building | 20,440 |
| Other Fixed Assets | 13,838 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 159,960 |
| All Other Assets | 0 |
| TOTAL ASSETS | 18,268,888 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -1,348,436 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,064,776 |
| Regular shares | 12,352,411 |
| All Other Shares & Deposits | 1,554,487 |
| TOTAL SHARES & DEPOSITS | 16,971,673 |
| TOTAL LIABILITIES | 15,623,237 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,645,651 |
| TOTAL EQUITY | 2,645,651 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,268,888 |
| INCOME & EXPENSE | |
| Loan Income | 623,981 |
| Investment Income | 193,441 |
| Other Income | 125,132 |
| Total Employee Compensation & Benefits | 378,827 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 383,558 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,339 |
| Cost of Funds | 38,791 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 144,534 |
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