Jun, 30, 2024 — SAN MATEO CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SAN MATEO, CA with 0 branch location and about $41.91 million in total assets. Opened 76 years ago in 1949, SAN MATEO CITY EMPLOYEES FEDERAL CREDIT UNION has about 1,249 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SAN MATEO CITY EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | Credit Union SAN MATEO, CA 94403 |
Phone: | (650) 522-7072 |
Fax: | (650) 522-7071 |
Website: | https://smcfcu.org |
Branches: | 0 branch locations |
Members: | 1,249 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6326 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1949 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $41,912,392 |
CEO/Manager: | Steve Yoshifuji |
Chairperson: | Bill Euchner |
ASSETS: | $ Amount |
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Cash & Equivalents | 6,867,199 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,145,185 |
Unsecured Loans | 1,725,148 |
Other Loans | 1,411,651 |
TOTAL LOANS | 5,281,984 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -114,479 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 337,730 |
All Other Assets | 0 |
TOTAL ASSETS | 41,912,392 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 122,732 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 35,878,770 |
All Other Shares & Deposits | 349,164 |
TOTAL SHARES & DEPOSITS | 36,227,934 |
TOTAL LIABILITIES | 36,350,666 |
Regular Reserve | 0 |
Other Reserves | 853,510 |
Undivided Earnings | 4,708,216 |
TOTAL EQUITY | 5,561,726 |
TOTAL LIABILITIES, SHARES, & EQUITY | 41,912,392 |
INCOME & EXPENSE | |
Loan Income | 232,306 |
Investment Income | 319,722 |
Other Income | 0 |
Total Employee Compensation & Benefits | 109,114 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 89,324 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 212,451 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 141,139 |
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