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L. A. MISSION FEDERAL CREDIT UNION

Sep, 30, 2021 — L. A. MISSION FEDERAL CREDIT UNION is a federal credit union headquartered in SAN FERNANDO, CA with 1 branch location and about $9.06 million in total assets. Opened 51 years ago in 1971, L. A. MISSION FEDERAL CREDIT UNION has about 1,068 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:L. A. MISSION FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. BOX 630
SAN FERNANDO, CA 91341
Phone:(818) 365-1717
Fax:(818) 365-3373
Website:n/a
Branches:1 branch locations
Members:1,068
Credit Union Type:Federal Credit Union
Charter Number:20720
Membership Type:Multiple common bond - Primarily faith based
Corporate Credit Union:No
Year Opened:1971
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$9,061,495
CEO/Manager:Leticia Tejeda
Chairperson:Richard Cardenas

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 539,131
TOTAL INVESTMENTS 6,294,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 466,200
 Other Loans 1,677,954
 TOTAL LOANS 2,144,154
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -27,482
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 81,222
 All Other Assets 30,470
  TOTAL ASSETS 9,061,495
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 18,573
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,320,202
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 8,320,202
  TOTAL LIABILITIES 8,338,775
 Regular Reserve 77,183
 Other Reserves 0
 Undivided Earnings 645,537
  TOTAL EQUITY 722,720
  TOTAL LIABILITIES, SHARES, & EQUITY 9,061,495
INCOME & EXPENSE  
 Loan Income 95,875
 Investment Income 79,146
 Other Income 10,105
 Total Employee Compensation & Benefits 64,887
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 48,884
 Non-operating Income & (Expense) 35
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,500
 Cost of Funds 11,296
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 58,594
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