Mar, 31, 2022 — GOLDEN 1 CREDIT UNION is a federally insured state chartered credit union headquartered in SACRAMENTO, CA with 71 branch locations and about $18.64 billion in total assets. Opened 89 years ago in 1933, GOLDEN 1 CREDIT UNION has more than 1.1 million members and employs 2,006 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GOLDEN 1 CREDIT UNION |
|---|---|
| Address: (Main Office) | 8945 Cal Center Dr SACRAMENTO, CA 95826-3239 |
| Phone: | (916) 732-2900 |
| Fax: | (916) 363-7064 |
| Website: | http://www.golden1.com |
| Branches: | 71 branch locations |
| Members: | 1,082,198 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61650 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $18,644,189,696 |
| CEO/Manager: | Donna A Bland |
| Chairperson: | James H Gomez |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,305,393,720 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 9,360,487 |
| Real Estate Loans | 5,035,881,804 |
| Unsecured Loans | 763,941,614 |
| Other Loans | 3,940,480,744 |
| TOTAL LOANS | 9,740,304,162 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -75,155,134 |
| Land And Building | 39,337,198 |
| Other Fixed Assets | 40,431,406 |
| NCUSIF Deposit | 149,149,298 |
| All Other Assets | 1,956,230 |
| TOTAL ASSETS | 18,644,189,696 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,481,930 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 194,076,688 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,192,474,293 |
| Regular shares | 5,009,920,011 |
| All Other Shares & Deposits | 7,743,760,141 |
| TOTAL SHARES & DEPOSITS | 16,946,154,445 |
| TOTAL LIABILITIES | 17,142,713,063 |
| Regular Reserve | 0 |
| Other Reserves | -242,250,484 |
| Undivided Earnings | 1,743,727,117 |
| TOTAL EQUITY | 1,501,476,633 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,644,189,696 |
| INCOME & EXPENSE | |
| Loan Income | 84,857,773 |
| Investment Income | 20,478,779 |
| Other Income | 12,473,731 |
| Total Employee Compensation & Benefits | 50,073,647 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 42,309,155 |
| Non-operating Income & (Expense) | -288,632 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,208,180 |
| Cost of Funds | 10,081,332 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 31,509,053 |
| ↑ Back to Top | |