Mar, 31, 2022 — FOX FEDERAL CREDIT UNION is a federal credit union headquartered in LOS ANGELES, CA with 4 branch locations and about $55.40 million in total assets. Opened 57 years ago in 1965, FOX FEDERAL CREDIT UNION has about 3,228 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 |
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Address: (Main Office) | 1990 Westwood Blvd LOS ANGELES, CA 90025 |
Phone: | (310) 432-2344 |
Fax: | (310) 432-2345 |
Website: | http://www.foxcredit.org |
Branches: | 4 branch locations |
Members: | 3,228 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 16954 |
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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: | $55,398,848 |
CEO/Manager: | Richard Chen |
Chairperson: | ASHLEY MENDEZ |
ASSETS: | $ Amount |
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Cash & Equivalents | 13,126,600 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 23,444,546 |
Unsecured Loans | 973,652 |
Other Loans | 2,762,777 |
TOTAL LOANS | 27,180,975 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -112,349 |
Land And Building | 0 |
Other Fixed Assets | 443,995 |
NCUSIF Deposit | 423,204 |
All Other Assets | 0 |
TOTAL ASSETS | 55,398,848 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 6,052 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 275,213 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 9,948,235 |
Regular shares | 20,047,468 |
All Other Shares & Deposits | 21,146,457 |
TOTAL SHARES & DEPOSITS | 51,142,160 |
TOTAL LIABILITIES | 51,423,425 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 3,975,423 |
TOTAL EQUITY | 3,975,423 |
TOTAL LIABILITIES, SHARES, & EQUITY | 55,398,848 |
INCOME & EXPENSE | |
Loan Income | 242,269 |
Investment Income | 49,119 |
Other Income | 77,819 |
Total Employee Compensation & Benefits | 198,503 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 199,031 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,825 |
Cost of Funds | 6,063 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -32,565 |
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