Dec, 31, 2021 — SAN MATEO CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SAN MATEO, CA with 0 branch location and about $41.67 million in total assets. Opened 73 years ago in 1949, SAN MATEO CITY EMPLOYEES FEDERAL CREDIT UNION has about 1,098 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: | http://smcfcu.org |
Branches: | 0 branch locations |
Members: | 1,098 |
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: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $41,673,899 |
CEO/Manager: | Steve Yoshifuji |
Chairperson: | Bill Euchner |
ASSETS: | $ Amount |
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Cash & Equivalents | 12,635,608 |
TOTAL INVESTMENTS | 23,695,538 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,996,482 |
Unsecured Loans | 1,601,126 |
Other Loans | 1,468,069 |
TOTAL LOANS | 5,065,677 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -111,478 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 300,595 |
All Other Assets | 87,959 |
TOTAL ASSETS | 41,673,899 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 168,606 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 35,723,570 |
All Other Shares & Deposits | 353,696 |
TOTAL SHARES & DEPOSITS | 36,077,266 |
TOTAL LIABILITIES | 36,245,872 |
Regular Reserve | 853,510 |
Other Reserves | 0 |
Undivided Earnings | 4,574,517 |
TOTAL EQUITY | 5,428,027 |
TOTAL LIABILITIES, SHARES, & EQUITY | 41,673,899 |
INCOME & EXPENSE | |
Loan Income | 281,432 |
Investment Income | 444,053 |
Other Income | 0 |
Total Employee Compensation & Benefits | 144,003 |
NCUSIF Premiums Expense | 6,112 |
Total Other Operating Expenses | 104,483 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 338,604 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 132,283 |
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