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CHULA VISTA CITY EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2024 — CHULA VISTA CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in CHULA VISTA, CA with 0 branch location and about $3.80 million in total assets. Opened 57 years ago in 1967, CHULA VISTA CITY EMPLOYEES FEDERAL CREDIT UNION has about 558 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CHULA VISTA CITY EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
276 4th Ave
CHULA VISTA, CA 91910
Phone:(619) 691-5240
Fax:(619) 476-5359
Website:n/a
Branches:0 branch locations
Members:558
Credit Union Type:Federal Credit Union
Charter Number:18405
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1967
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$3,795,808
CEO/Manager:Lydia DeNecochea
Chairperson:David Marshall

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 399,897
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 841,207
 Other Loans 1,702,870
 TOTAL LOANS 2,544,077
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,109
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 33,150
 All Other Assets 0
  TOTAL ASSETS 3,795,808
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 9,954
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,571,517
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 3,571,517
  TOTAL LIABILITIES 3,581,471
 Regular Reserve 0
 Other Reserves 26,054
 Undivided Earnings 188,283
  TOTAL EQUITY 214,337
  TOTAL LIABILITIES, SHARES, & EQUITY 3,795,808
INCOME & EXPENSE  
 Loan Income 95,282
 Investment Income 9,529
 Other Income 3,263
 Total Employee Compensation & Benefits 89,972
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 23,053
 Non-operating Income & (Expense) 1,497
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 276
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -3,603
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