Sep, 30, 2025 — UTILITY DISTRICT CREDIT UNION is a federally insured state chartered credit union headquartered in OAKLAND, CA with 2 branch locations and about $33.45 million in total assets. Opened 91 years ago in 1935, UTILITY DISTRICT CREDIT UNION has about 2,264 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UTILITY DISTRICT CREDIT UNION |
|---|---|
| Address: (Main Office) | 375 11th St STE 203 OAKLAND, CA 94607 |
| Phone: | (510) 287-0467 |
| Fax: | (510) 287-0528 |
| Website: | https://www.udcu.org |
| Branches: | 2 branch locations |
| Members: | 2,264 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61085 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $33,450,138 |
| CEO/Manager: | Carolyn Maughan |
| Chairperson: | Samuel Feldman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,756,682 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 752,774 |
| Unsecured Loans | 1,202,166 |
| Other Loans | 6,703,757 |
| TOTAL LOANS | 8,658,697 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -36,943 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 252,072 |
| All Other Assets | 0 |
| TOTAL ASSETS | 33,450,138 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 200 |
| Accounts Payable & Other Liabilities | 216,658 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,747,453 |
| Regular shares | 17,259,732 |
| All Other Shares & Deposits | 3,304,629 |
| TOTAL SHARES & DEPOSITS | 30,311,814 |
| TOTAL LIABILITIES | 30,528,672 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,921,466 |
| TOTAL EQUITY | 2,921,466 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 33,450,138 |
| INCOME & EXPENSE | |
| Loan Income | 369,338 |
| Investment Income | 468,614 |
| Other Income | 22,904 |
| Total Employee Compensation & Benefits | 433,727 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 256,737 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 26,770 |
| Cost of Funds | 7,943 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 155,372 |
| ↑ Back to Top | |