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L. A. MISSION FEDERAL CREDIT UNION

Dec, 31, 2020 — L. A. MISSION FEDERAL CREDIT UNION is a federal credit union headquartered in SAN FERNANDO, CA with 1 branch location and about $8.80 million in total assets. Opened 50 years ago in 1971, L. A. MISSION FEDERAL CREDIT UNION has about 1,127 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)
P.O. BOX 630
SAN FERNANDO, CA 91341
Phone:(818) 365-1717
Fax:(818) 365-3373
Website:n/a
Branches:1 branch locations
Members:1,127
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$8,801,311
CEO/Manager:Leticia Tejeda
Chairperson:Richard Cardenas

Call Report

  • Check Cashing

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 957,058
TOTAL INVESTMENTS 5,496,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 574,112
 Other Loans 1,699,083
 TOTAL LOANS 2,273,195
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -27,773
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 69,449
 All Other Assets 33,382
  TOTAL ASSETS 8,801,311
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,979
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,122,212
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 8,122,212
  TOTAL LIABILITIES 8,137,191
 Regular Reserve 77,182
 Other Reserves 0
 Undivided Earnings 586,938
  TOTAL EQUITY 664,120
  TOTAL LIABILITIES, SHARES, & EQUITY 8,801,311
INCOME & EXPENSE  
 Loan Income 128,241
 Investment Income 112,596
 Other Income 11,737
 Total Employee Compensation & Benefits 75,646
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 85,952
 Non-operating Income & (Expense) 5,687
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 16,298
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 80,365
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