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LASSEN COUNTY FEDERAL CREDIT UNION

Sep, 30, 2025 — LASSEN COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in SUSANVILLE, CA with 1 branch location and about $107.62 million in total assets. Opened 60 years ago in 1966, LASSEN COUNTY FEDERAL CREDIT UNION has about 4,454 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LASSEN COUNTY FEDERAL CREDIT UNION
Address:
(Main Office)
2605 Riverside Dr
SUSANVILLE, CA 96130
Phone:(530) 257-7760
Fax:(530) 257-9042
Website:https://www.lassencreditunion.com
Branches:1 branch locations
Members:4,454
Credit Union Type:Federal Credit Union
Charter Number:17232
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1966
Last Audited:Sep 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$107,621,142
CEO/Manager:Cherilyn M Murphy
Chairperson:Sophia Wages

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,651,912
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 36,298,156
 Unsecured Loans 321,390
 Other Loans 18,668,216
 TOTAL LOANS 55,287,762
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -53,262
 Land And Building 614,138
 Other Fixed Assets 148,030
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 850,419
 All Other Assets 0
  TOTAL ASSETS 107,621,142
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 642,569
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 17,165,834
 Regular shares 26,424,216
 All Other Shares & Deposits 49,568,611
  TOTAL SHARES & DEPOSITS 93,158,662
  TOTAL LIABILITIES 93,801,231
 Regular Reserve 0
 Other Reserves -484,811
 Undivided Earnings 14,304,722
  TOTAL EQUITY 13,819,911
  TOTAL LIABILITIES, SHARES, & EQUITY 107,621,142
INCOME & EXPENSE  
 Loan Income 1,890,537
 Investment Income 790,101
 Other Income 75,111
 Total Employee Compensation & Benefits 1,408,515
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 751,405
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 794,175
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 82,516
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