Sep, 30, 2025 — ALTAONE FEDERAL CREDIT UNION is a federal credit union headquartered in RIDGECREST, CA with 12 branch locations and about $962.54 million in total assets. Opened 79 years ago in 1947, ALTAONE FEDERAL CREDIT UNION has about 59,059 members and employs 178 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALTAONE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 701 S China Lake Blvd RIDGECREST, CA 93555-5027 |
| Phone: | (760) 371-7000 |
| Fax: | |
| Website: | https://www.altaone.org |
| Branches: | 12 branch locations |
| Members: | 59,059 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5612 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $962,540,768 |
| CEO/Manager: | STEPHANIE SIEVERS |
| Chairperson: | Norman Alexander |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 78,552,850 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 360,239,433 |
| Unsecured Loans | 82,838,989 |
| Other Loans | 317,784,653 |
| TOTAL LOANS | 760,863,075 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,189,411 |
| Land And Building | 7,549,323 |
| Other Fixed Assets | 3,676,629 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 7,515,275 |
| All Other Assets | 1,488,978 |
| TOTAL ASSETS | 962,540,768 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,762,987 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 20,000,000 |
| Share Drafts | 189,206,166 |
| Regular shares | 292,744,162 |
| All Other Shares & Deposits | 386,584,916 |
| TOTAL SHARES & DEPOSITS | 868,535,245 |
| TOTAL LIABILITIES | 902,301,801 |
| Regular Reserve | 0 |
| Other Reserves | -7,436,908 |
| Undivided Earnings | 67,675,875 |
| TOTAL EQUITY | 60,238,967 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 962,540,768 |
| INCOME & EXPENSE | |
| Loan Income | 31,778,864 |
| Investment Income | 3,723,574 |
| Other Income | 4,273,782 |
| Total Employee Compensation & Benefits | 13,261,966 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 13,130,255 |
| Non-operating Income & (Expense) | 133,279 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,588,865 |
| Cost of Funds | 10,903,218 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,228,331 |
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