Sep, 30, 2025 — U.S.B. EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in WILMINGTON, CA with 1 branch location and about $3.20 million in total assets. Opened 77 years ago in 1949, U.S.B. EMPLOYEES FEDERAL CREDIT UNION has about 301 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | U.S.B. EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 300 Falcon St WILMINGTON, CA 90744-6407 |
| Phone: | (310) 830-0161 |
| Fax: | (310) 830-3445 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 301 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5960 |
|---|---|
| Membership Type: | Manufacturing - Chemicals |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,200,485 |
| CEO/Manager: | Sheila K Richardson |
| Chairperson: | Albert Torres |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,752,057 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 43,190 |
| Other Loans | 194,734 |
| TOTAL LOANS | 237,924 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,070 |
| Land And Building | 0 |
| Other Fixed Assets | 651 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 12,932 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,200,485 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,070 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,336,111 |
| All Other Shares & Deposits | 1,250,193 |
| TOTAL SHARES & DEPOSITS | 2,586,304 |
| TOTAL LIABILITIES | 2,589,374 |
| Regular Reserve | 0 |
| Other Reserves | 2,325 |
| Undivided Earnings | 608,786 |
| TOTAL EQUITY | 611,111 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,200,485 |
| INCOME & EXPENSE | |
| Loan Income | 13,384 |
| Investment Income | 47,229 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 24,849 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 12,325 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,208 |
| Cost of Funds | 1,336 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,984 |
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