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JACOM CREDIT UNION

Sep, 30, 2025 — JACOM CREDIT UNION is a federally insured state chartered credit union headquartered in LOS ANGELES, CA with 2 branch locations and about $54.94 million in total assets. Opened 75 years ago in 1951, JACOM CREDIT UNION has about 7,844 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:JACOM CREDIT UNION
Address:
(Main Office)
3037 w jefferson blvd
LOS ANGELES, CA 90018
Phone:(323) 731-9358
Fax:(323) 733-2438
Website:https://www.jacomcu.org
Branches:2 branch locations
Members:7,844
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63589
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1951
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$54,944,421
CEO/Manager:Scott s Umemoto
Chairperson:WALTER RODRIGUEZ

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,343,442
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 11,365,090
 Unsecured Loans 362,468
 Other Loans 5,484,683
 TOTAL LOANS 17,212,242
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -29,764
 Land And Building 205,815
 Other Fixed Assets 343,630
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 474,613
 All Other Assets 0
  TOTAL ASSETS 54,944,421
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 376,496
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,101,702
 Regular shares 31,838,178
 All Other Shares & Deposits 8,101,971
  TOTAL SHARES & DEPOSITS 47,041,851
  TOTAL LIABILITIES 47,418,347
 Regular Reserve 0
 Other Reserves -1,553,711
 Undivided Earnings 9,079,785
  TOTAL EQUITY 7,526,074
  TOTAL LIABILITIES, SHARES, & EQUITY 54,944,421
INCOME & EXPENSE  
 Loan Income 501,171
 Investment Income 563,815
 Other Income 12,503
 Total Employee Compensation & Benefits 499,861
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 875,323
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,000
 Cost of Funds 256,236
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -434,882
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