SESLOC FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.sesloc.org for more information.
Sep, 30, 2025 — SESLOC FEDERAL CREDIT UNION is a federal credit union headquartered in SAN LUIS OBISPO, CA with 6 branch locations and about $1.21 billion in total assets. Opened 84 years ago in 1942, SESLOC FEDERAL CREDIT UNION has about 57,399 members and employs 186 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SESLOC FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. BOX 5360 SAN LUIS OBISPO, CA 93403 |
| Phone: | (805) 543-1816 |
| Fax: | (805) 546-9622 |
| Website: | https://www.sesloc.org |
| Branches: | 6 branch locations |
| Members: | 57,399 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4980 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1942 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,213,671,907 |
| CEO/Manager: | Gerianne L La Chance |
| Chairperson: | Alden Shiers |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 56,278,690 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 549,888,747 |
| Unsecured Loans | 30,659,540 |
| Other Loans | 211,261,527 |
| TOTAL LOANS | 791,809,814 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,150,000 |
| Land And Building | 14,223,919 |
| Other Fixed Assets | 8,956,228 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 9,910,225 |
| All Other Assets | 282,959 |
| TOTAL ASSETS | 1,213,671,907 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 17,856,579 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 246,407,465 |
| Regular shares | 687,478,442 |
| All Other Shares & Deposits | 185,552,743 |
| TOTAL SHARES & DEPOSITS | 1,119,438,650 |
| TOTAL LIABILITIES | 1,137,295,229 |
| Regular Reserve | 0 |
| Other Reserves | -20,952,571 |
| Undivided Earnings | 97,329,249 |
| TOTAL EQUITY | 76,376,678 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,213,671,907 |
| INCOME & EXPENSE | |
| Loan Income | 21,762,604 |
| Investment Income | 3,470,136 |
| Other Income | 2,540,405 |
| Total Employee Compensation & Benefits | 14,601,144 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 11,350,730 |
| Non-operating Income & (Expense) | 205,241 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,008,389 |
| Cost of Funds | 1,362,065 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,650,203 |
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