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JACOM CREDIT UNION

Mar, 31, 2022 — JACOM CREDIT UNION is a federally insured state chartered credit union headquartered in LOS ANGELES, CA with 2 branch locations and about $69.30 million in total assets. Opened 71 years ago in 1951, JACOM CREDIT UNION has about 8,263 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:http://jacomcu.org
Branches:2 branch locations
Members:8,263
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$69,297,583
CEO/Manager:Scott s Umemoto
Chairperson:WALTER RODRIGUEZ

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,960,278
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,523,713
 Unsecured Loans 278,817
 Other Loans 6,303,958
 TOTAL LOANS 10,106,488
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -84,484
 Land And Building 226,473
 Other Fixed Assets 543,496
 NCUSIF Deposit 585,876
 All Other Assets 0
  TOTAL ASSETS 69,297,583
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 957,598
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 8,267,122
 Regular shares 42,284,424
 All Other Shares & Deposits 10,123,669
  TOTAL SHARES & DEPOSITS 60,675,215
  TOTAL LIABILITIES 61,632,813
 Regular Reserve 0
 Other Reserves -742,781
 Undivided Earnings 8,407,551
  TOTAL EQUITY 7,664,770
  TOTAL LIABILITIES, SHARES, & EQUITY 69,297,583
INCOME & EXPENSE  
 Loan Income 88,504
 Investment Income 194,463
 Other Income 3,657
 Total Employee Compensation & Benefits 189,217
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 261,925
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 18,423
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -104,614
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