Sep, 30, 2025 — SKYONE FEDERAL CREDIT UNION is a federal credit union headquartered in HAWTHORNE, CA with 3 branch locations and about $917.99 million in total assets. Opened 77 years ago in 1949, SKYONE FEDERAL CREDIT UNION has about 63,146 members and employs 99 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SKYONE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 14600 Aviation Blvd HAWTHORNE, CA 90250 |
| Phone: | (310) 491-7500 |
| Fax: | (310) 491-7400 |
| Website: | https://www.skyone.org |
| Branches: | 3 branch locations |
| Members: | 63,146 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6248 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $917,987,488 |
| CEO/Manager: | Joseph Whitaker |
| Chairperson: | Theodore Byrne |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 109,278,352 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 12,293,880 |
| Real Estate Loans | 338,385,733 |
| Unsecured Loans | 49,465,291 |
| Other Loans | 230,204,031 |
| TOTAL LOANS | 618,055,055 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,811,035 |
| Land And Building | 6,277,751 |
| Other Fixed Assets | 2,207,171 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 6,928,465 |
| All Other Assets | 1,685,293 |
| TOTAL ASSETS | 917,987,488 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 183,903 |
| Notes & Interest Payable | 125,000,000 |
| Accounts Payable & Other Liabilities | 11,779,018 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 15,000,000 |
| Share Drafts | 117,388,620 |
| Regular shares | 174,115,229 |
| All Other Shares & Deposits | 435,993,588 |
| TOTAL SHARES & DEPOSITS | 727,497,436 |
| TOTAL LIABILITIES | 879,468,109 |
| Regular Reserve | 0 |
| Other Reserves | -1,229,992 |
| Undivided Earnings | 39,749,371 |
| TOTAL EQUITY | 38,519,379 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 917,987,488 |
| INCOME & EXPENSE | |
| Loan Income | 31,496,246 |
| Investment Income | 6,644,382 |
| Other Income | 2,537,072 |
| Total Employee Compensation & Benefits | 10,538,929 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 9,344,281 |
| Non-operating Income & (Expense) | 1,573,805 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,666,760 |
| Cost of Funds | 19,482,854 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -3,117,893 |
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