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FOX FEDERAL CREDIT UNION

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
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
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

Call Report

  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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