Dec, 31, 2021 — ALTA VISTA CREDIT UNION is a federally insured state chartered credit union headquartered in REDLANDS, CA with 2 branch locations and about $221.89 million in total assets. Opened 79 years ago in 1943, ALTA VISTA CREDIT UNION has about 13,065 members and employs 41 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: | http://www.altavistacu.org |
Branches: | 2 branch locations |
Members: | 13,065 |
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, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $221,889,084 |
CEO/Manager: | DAVID JUSTICE |
Chairperson: | VINCENT LASTER |
ASSETS: | $ Amount |
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Cash & Equivalents | 39,895,712 |
TOTAL INVESTMENTS | 60,235,413 |
Loans Held for Sale | 0 |
Real Estate Loans | 52,331,855 |
Unsecured Loans | 6,381,262 |
Other Loans | 44,579,619 |
TOTAL LOANS | 103,292,736 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -609,563 |
Land And Building | 9,511,119 |
Other Fixed Assets | 602,925 |
NCUSIF Deposit | 1,869,067 |
All Other Assets | 7,091,675 |
TOTAL ASSETS | 221,889,084 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,741,843 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 47,663,977 |
Regular shares | 97,305,344 |
All Other Shares & Deposits | 59,114,279 |
TOTAL SHARES & DEPOSITS | 204,083,600 |
TOTAL LIABILITIES | 205,825,443 |
Regular Reserve | 1,680,620 |
Other Reserves | 167 |
Undivided Earnings | 14,382,854 |
TOTAL EQUITY | 16,063,641 |
TOTAL LIABILITIES, SHARES, & EQUITY | 221,889,084 |
INCOME & EXPENSE | |
Loan Income | 5,136,979 |
Investment Income | 410,792 |
Other Income | 1,239,830 |
Total Employee Compensation & Benefits | 3,201,858 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,752,188 |
Non-operating Income & (Expense) | 25,548 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -11,000 |
Cost of Funds | 355,171 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 907,646 |
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