Jun, 30, 2024 — SHELL WESTERN STATES FEDERAL CREDIT UNION is a federal credit union headquartered in MARTINEZ, CA with 1 branch location and about $91.91 million in total assets. Opened 78 years ago in 1947, SHELL WESTERN STATES FEDERAL CREDIT UNION has about 2,737 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SHELL WESTERN STATES FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1700 Pacheco Blvd MARTINEZ, CA 94553-1976 |
Phone: | (925) 228-4545 |
Fax: | (925) 228-0770 |
Website: | https://www.swsfcu.org |
Branches: | 1 branch locations |
Members: | 2,737 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5484 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1947 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $91,909,047 |
CEO/Manager: | Rod Garza |
Chairperson: | Phyllis Dalo |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 4,826,883 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 34,450,430 |
Unsecured Loans | 1,769,726 |
Other Loans | 16,582,076 |
TOTAL LOANS | 52,802,232 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -162,399 |
Land And Building | 585,817 |
Other Fixed Assets | 262,484 |
NCUSIF Deposit | 778,119 |
All Other Assets | 0 |
TOTAL ASSETS | 91,909,047 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 51,367 |
Notes & Interest Payable | 5,000,000 |
Accounts Payable & Other Liabilities | 707,991 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,656,569 |
Regular shares | 57,482,767 |
All Other Shares & Deposits | 13,021,797 |
TOTAL SHARES & DEPOSITS | 76,161,133 |
TOTAL LIABILITIES | 81,920,491 |
Regular Reserve | 0 |
Other Reserves | 1,061,022 |
Undivided Earnings | 8,927,534 |
TOTAL EQUITY | 9,988,556 |
TOTAL LIABILITIES, SHARES, & EQUITY | 91,909,047 |
INCOME & EXPENSE | |
Loan Income | 1,538,688 |
Investment Income | 522,029 |
Other Income | 67,621 |
Total Employee Compensation & Benefits | 1,118,245 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 624,841 |
Non-operating Income & (Expense) | 52,592 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 58,606 |
Cost of Funds | 122,977 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 318,424 |
↑ Back to Top |