Jun, 30, 2024 — SANTA CLARA COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in SAN JOSE, CA with 7 branch locations and about $987.63 million in total assets. Opened 74 years ago in 1950, SANTA CLARA COUNTY FEDERAL CREDIT UNION has about 47,934 members and employs 129 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SANTA CLARA COUNTY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1641 N 1st ST Ste 245 SAN JOSE, CA 95112-4519 |
Phone: | (408) 282-0700 |
Fax: | (408) 441-0658 |
Website: | https://www.sccfcu.org |
Branches: | 7 branch locations |
Members: | 47,934 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24299 |
---|---|
Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $987,628,065 |
CEO/Manager: | Rebecca Reynolds Lytle |
Chairperson: | Peter Ng |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 65,518,710 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 347,475,747 |
Unsecured Loans | 57,811,288 |
Other Loans | 102,080,969 |
TOTAL LOANS | 507,368,004 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,923,757 |
Land And Building | 10,130,100 |
Other Fixed Assets | 2,053,192 |
NCUSIF Deposit | 8,166,581 |
All Other Assets | 21,217 |
TOTAL ASSETS | 987,628,065 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 15,000,000 |
Accounts Payable & Other Liabilities | 11,236,054 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 210,177,849 |
Regular shares | 411,551,224 |
All Other Shares & Deposits | 284,824,409 |
TOTAL SHARES & DEPOSITS | 906,553,482 |
TOTAL LIABILITIES | 932,789,536 |
Regular Reserve | 0 |
Other Reserves | -27,735,150 |
Undivided Earnings | 82,573,679 |
TOTAL EQUITY | 54,838,529 |
TOTAL LIABILITIES, SHARES, & EQUITY | 987,628,065 |
INCOME & EXPENSE | |
Loan Income | 14,651,287 |
Investment Income | 3,241,624 |
Other Income | 1,646,642 |
Total Employee Compensation & Benefits | 13,019,084 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 7,787,611 |
Non-operating Income & (Expense) | 1,098,106 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 640,000 |
Cost of Funds | 1,002,305 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,506,165 |
↑ Back to Top |