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L. A. MISSION FEDERAL CREDIT UNION

Jun, 30, 2024 — L. A. MISSION FEDERAL CREDIT UNION is a federal credit union headquartered in SAN FERNANDO, CA with 1 branch location and about $9.03 million in total assets. Opened 53 years ago in 1971, L. A. MISSION FEDERAL CREDIT UNION has about 1,027 members and employs 3 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)
662 S Kalisher St
SAN FERNANDO, CA 91340-3947
Phone:(818) 365-1717
Fax:(818) 365-3373
Website:n/a
Branches:1 branch locations
Members:1,027
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, 2022
FHLB Member:No
Low Income Designation:No
Assets:$9,029,457
CEO/Manager:Leticia Tejeda
Chairperson:Richard Cardenas

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 492,109
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 487,418
 Other Loans 2,140,517
 TOTAL LOANS 2,627,935
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -16,946
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 81,958
 All Other Assets 0
  TOTAL ASSETS 9,029,457
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 11,837
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,249,259
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 8,249,259
  TOTAL LIABILITIES 8,261,096
 Regular Reserve 0
 Other Reserves 115,638
 Undivided Earnings 652,723
  TOTAL EQUITY 768,361
  TOTAL LIABILITIES, SHARES, & EQUITY 9,029,457
INCOME & EXPENSE  
 Loan Income 96,606
 Investment Income 79,581
 Other Income 8,002
 Total Employee Compensation & Benefits 73,627
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 55,182
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,600
 Cost of Funds 11,388
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 38,454
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