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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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