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FOX FEDERAL CREDIT UNION

Sep, 30, 2021 — FOX FEDERAL CREDIT UNION is a federal credit union headquartered in LOS ANGELES, CA with 4 branch locations and about $53.09 million in total assets. Opened 57 years ago in 1965, FOX FEDERAL CREDIT UNION has about 3,355 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FOX FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 641849
LOS ANGELES, CA 90064
Phone:(310) 432-2344
Fax:(310) 432-2345
Website:http://www.foxcredit.org
Branches:4 branch locations
Members:3,355
Credit Union Type:Federal Credit Union
Charter Number:16954
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1965
Last Audited:Oct 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$53,085,001
CEO/Manager:Richard Chen
Chairperson:ASHLEY MENDEZ

Call Report

  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,186,810
TOTAL INVESTMENTS 13,026,044
Loans Held for Sale 0
 
 Real Estate Loans 25,990,341
 Unsecured Loans 1,070,926
 Other Loans 2,865,730
 TOTAL LOANS 29,926,997
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -117,579
 Land And Building 0
 Other Fixed Assets 229,347
 NCUSIF Deposit 427,007
 All Other Assets 406,375
  TOTAL ASSETS 53,085,001
LIABILITIES & CAPITAL:  
 Dividends Payable 7,487
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 233,110
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,863,055
 Regular shares 19,444,016
 All Other Shares & Deposits 19,510,307
  TOTAL SHARES & DEPOSITS 48,817,378
  TOTAL LIABILITIES 49,057,975
 Regular Reserve 1,688,407
 Other Reserves 0
 Undivided Earnings 2,338,619
  TOTAL EQUITY 4,027,026
  TOTAL LIABILITIES, SHARES, & EQUITY 53,085,001
INCOME & EXPENSE  
 Loan Income 865,007
 Investment Income 135,778
 Other Income 129,321
 Total Employee Compensation & Benefits 563,274
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 666,063
 Non-operating Income & (Expense) 161
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -47,800
 Cost of Funds 26,687
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -77,957
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