Sep, 30, 2025 — SLO CREDIT UNION is a federally insured state chartered credit union headquartered in SAN LUIS OBISPO, CA with 1 branch location and about $30.13 million in total assets. Opened 73 years ago in 1953, SLO CREDIT UNION has about 1,463 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SLO CREDIT UNION |
|---|---|
| Address: (Main Office) | 1220 Osos St SAN LUIS OBISPO, CA 93401-3620 |
| Phone: | (805) 543-5839 |
| Fax: | (805) 543-4300 |
| Website: | https://www.slocu.com |
| Branches: | 1 branch locations |
| Members: | 1,463 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61779 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $30,134,741 |
| CEO/Manager: | Donna L Severs |
| Chairperson: | Matthew Janssen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,041,580 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,605,599 |
| Unsecured Loans | 575,030 |
| Other Loans | 6,454,128 |
| TOTAL LOANS | 16,634,757 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -60,256 |
| Land And Building | 359,482 |
| Other Fixed Assets | 167,140 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 265,575 |
| All Other Assets | 0 |
| TOTAL ASSETS | 30,134,741 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 1,148 |
| Accounts Payable & Other Liabilities | 38,125 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,563,734 |
| Regular shares | 14,582,035 |
| All Other Shares & Deposits | 8,396,287 |
| TOTAL SHARES & DEPOSITS | 25,542,056 |
| TOTAL LIABILITIES | 25,581,329 |
| Regular Reserve | 0 |
| Other Reserves | -489,024 |
| Undivided Earnings | 5,042,436 |
| TOTAL EQUITY | 4,553,412 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 30,134,741 |
| INCOME & EXPENSE | |
| Loan Income | 713,303 |
| Investment Income | 177,296 |
| Other Income | 27,000 |
| Total Employee Compensation & Benefits | 421,534 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 447,739 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,401 |
| Cost of Funds | 202,619 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -122,127 |
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