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SAN MATEO CITY EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — SAN MATEO CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SAN MATEO, CA with 0 branch location and about $32.98 million in total assets. Opened 77 years ago in 1949, SAN MATEO CITY EMPLOYEES FEDERAL CREDIT UNION has about 1,042 members and employs 6 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
Address:
(Main Office)
Credit Union
SAN MATEO, CA 94403
Phone:(650) 522-7072
Fax:(650) 522-7071
Website:https://www.smcfcu.org
Branches:0 branch locations
Members:1,042
Credit Union Type:Federal Credit Union
Charter Number:6326
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1949
Last Audited:Jan 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$32,978,276
CEO/Manager:Steve Yoshifuji
Chairperson:Bill Euchner

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,305,740
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,812,374
 Unsecured Loans 2,027,496
 Other Loans 1,438,788
 TOTAL LOANS 5,278,658
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -24,014
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 258,367
 All Other Assets 0
  TOTAL ASSETS 32,978,276
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 45,586
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 300,641
 Regular shares 26,137,828
 All Other Shares & Deposits 678,294
  TOTAL SHARES & DEPOSITS 27,116,763
  TOTAL LIABILITIES 27,162,349
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 5,815,927
  TOTAL EQUITY 5,815,927
  TOTAL LIABILITIES, SHARES, & EQUITY 32,978,276
INCOME & EXPENSE  
 Loan Income 312,874
 Investment Income 553,041
 Other Income 0
 Total Employee Compensation & Benefits 155,862
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 126,091
 Non-operating Income & (Expense) 44
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -22,080
 Cost of Funds 542,836
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 63,250
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