Jun, 30, 2024 — ALTA VISTA CREDIT UNION is a federally insured state chartered credit union headquartered in REDLANDS, CA with 2 branch locations and about $226.10 million in total assets. Opened 81 years ago in 1943, ALTA VISTA CREDIT UNION has about 12,929 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: | https://www.altavistacu.org |
Branches: | 2 branch locations |
Members: | 12,929 |
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: | $226,103,343 |
CEO/Manager: | DAVID JUSTICE |
Chairperson: | VINCENT LASTER |
ASSETS: | $ Amount |
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Cash & Equivalents | 10,037,412 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 84,986,159 |
Unsecured Loans | 7,437,946 |
Other Loans | 45,947,799 |
TOTAL LOANS | 138,371,904 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -483,095 |
Land And Building | 9,721,666 |
Other Fixed Assets | 622,992 |
NCUSIF Deposit | 1,867,929 |
All Other Assets | 7,000 |
TOTAL ASSETS | 226,103,343 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 5,000,000 |
Accounts Payable & Other Liabilities | 2,417,807 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 47,715,307 |
Regular shares | 99,020,061 |
All Other Shares & Deposits | 54,885,001 |
TOTAL SHARES & DEPOSITS | 201,620,369 |
TOTAL LIABILITIES | 209,038,176 |
Regular Reserve | 0 |
Other Reserves | -230 |
Undivided Earnings | 17,065,397 |
TOTAL EQUITY | 17,065,167 |
TOTAL LIABILITIES, SHARES, & EQUITY | 226,103,343 |
INCOME & EXPENSE | |
Loan Income | 4,374,900 |
Investment Income | 631,336 |
Other Income | 1,084,898 |
Total Employee Compensation & Benefits | 2,657,913 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,100,365 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 141,000 |
Cost of Funds | 200,612 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,001,923 |
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