Sep, 30, 2025 — PARTNERS FEDERAL CREDIT UNION is a federal credit union headquartered in BURBANK, CA with 13 branch locations and about $2.65 billion in total assets. Opened 58 years ago in 1968, PARTNERS FEDERAL CREDIT UNION has about 178,768 members and employs 438 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PARTNERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 100 N First St Ste 400 BURBANK, CA 91502-1818 |
| Phone: | (818) 558-4561 |
| Fax: | (818) 558-4567 |
| Website: | https://www.partnersfcu.org |
| Branches: | 13 branch locations |
| Members: | 178,768 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18708 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,653,330,407 |
| CEO/Manager: | Ricky Otey |
| Chairperson: | Jaye Thompson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 333,683,068 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,405,417,919 |
| Unsecured Loans | 274,835,666 |
| Other Loans | 472,056,088 |
| TOTAL LOANS | 2,152,309,672 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -28,426,120 |
| Land And Building | 0 |
| Other Fixed Assets | 4,559,731 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 21,356,107 |
| All Other Assets | 599,479 |
| TOTAL ASSETS | 2,653,330,407 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 4,255 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 33,200,601 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 412,391,712 |
| Regular shares | 558,153,923 |
| All Other Shares & Deposits | 1,342,673,821 |
| TOTAL SHARES & DEPOSITS | 2,313,219,456 |
| TOTAL LIABILITIES | 2,346,678,300 |
| Regular Reserve | 0 |
| Other Reserves | 12,862,591 |
| Undivided Earnings | 293,789,516 |
| TOTAL EQUITY | 306,652,107 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,653,330,407 |
| INCOME & EXPENSE | |
| Loan Income | 89,483,521 |
| Investment Income | 14,297,795 |
| Other Income | 8,995,214 |
| Total Employee Compensation & Benefits | 42,381,189 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 30,632,388 |
| Non-operating Income & (Expense) | 4,276,456 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 14,385,197 |
| Cost of Funds | 33,195,615 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 14,206,339 |
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