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LOS ANGELES LEE FEDERAL CREDIT UNION

Mar, 31, 2021 — LOS ANGELES LEE FEDERAL CREDIT UNION is a federal credit union headquartered in Los Angeles, CA with 2 branch locations and about $520,003 in total assets. Opened 57 years ago in 1964, LOS ANGELES LEE FEDERAL CREDIT UNION has about 68 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOS ANGELES LEE FEDERAL CREDIT UNION
Address:
(Main Office)
964 N Hill St
Los Angeles, CA 90012
Phone:(213) 626-0974
Fax:
Website:n/a
Branches:2 branch locations
Members:68
Credit Union Type:Federal Credit Union
Charter Number:16570
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1964
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$520,003
CEO/Manager:Urla Gomes
Chairperson:Ron Lee

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 257,716
TOTAL INVESTMENTS 115,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 0
 Other Loans 145,788
 TOTAL LOANS 145,788
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,580
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 4,179
 All Other Assets 1,900
  TOTAL ASSETS 520,003
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,247
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 381,595
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 381,595
  TOTAL LIABILITIES 383,842
 Regular Reserve 62,409
 Other Reserves 0
 Undivided Earnings 73,752
  TOTAL EQUITY 136,161
  TOTAL LIABILITIES, SHARES, & EQUITY 520,003
INCOME & EXPENSE  
 Loan Income 1,413
 Investment Income 1,593
 Other Income 40
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,689
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 250
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,107
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