Dec, 31, 2023 — ALTA VISTA CREDIT UNION is a federally insured state chartered credit union headquartered in REDLANDS, CA with 2 branch locations and about $216.03 million in total assets. Opened 81 years ago in 1943, ALTA VISTA CREDIT UNION has about 12,716 members and employs 42 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ALTA VISTA CREDIT UNION |
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Address: (Main Office) | 1425 W LUGONIA AVE REDLANDS, CA 92374 |
Phone: | (909) 809-3838 |
Fax: | (909) 809-3716 |
Website: | https://www.altavistacu.org |
Branches: | 2 branch locations |
Members: | 12,716 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64531 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1943 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $216,029,104 |
CEO/Manager: | DAVID JUSTICE |
Chairperson: | STEPHANIE L ORNELAS |
ASSETS: | $ Amount |
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Cash & Equivalents | 15,903,382 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 84,831,582 |
Unsecured Loans | 9,149,718 |
Other Loans | 41,986,577 |
TOTAL LOANS | 135,967,877 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -870,854 |
Land And Building | 9,695,514 |
Other Fixed Assets | 677,868 |
NCUSIF Deposit | 1,769,047 |
All Other Assets | 15,000 |
TOTAL ASSETS | 216,029,104 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 5,000,000 |
Accounts Payable & Other Liabilities | 1,678,125 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 42,363,595 |
Regular shares | 78,921,564 |
All Other Shares & Deposits | 70,401,474 |
TOTAL SHARES & DEPOSITS | 191,686,633 |
TOTAL LIABILITIES | 198,364,758 |
Regular Reserve | 0 |
Other Reserves | -168 |
Undivided Earnings | 17,664,514 |
TOTAL EQUITY | 17,664,346 |
TOTAL LIABILITIES, SHARES, & EQUITY | 216,029,104 |
INCOME & EXPENSE | |
Loan Income | 7,897,243 |
Investment Income | 1,188,241 |
Other Income | 1,323,003 |
Total Employee Compensation & Benefits | 3,977,087 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,534,808 |
Non-operating Income & (Expense) | -1,606 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 497,554 |
Cost of Funds | 2,017,448 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 668,349 |
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