Dec, 31, 2022 — UNITED ASSOCIATION CREDIT UNION is a federally insured state chartered credit union headquartered in CONCORD, CA with 1 branch location and about $12.18 million in total assets. Opened 66 years ago in 1957, UNITED ASSOCIATION CREDIT UNION has about 1,991 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UNITED ASSOCIATION CREDIT UNION |
|---|---|
| Address: (Main Office) | 935 Detroit Ave CONCORD, CA 94518 |
| Phone: | (925) 686-1044 |
| Fax: | (925) 676-2752 |
| Website: | https://unitedassociationcu.org |
| Branches: | 1 branch locations |
| Members: | 1,991 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65155 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Mar 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,183,162 |
| CEO/Manager: | Rawnie Thomas |
| Chairperson: | John Patten |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,288,741 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 251,942 |
| Other Loans | 3,458,164 |
| TOTAL LOANS | 3,710,106 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,209 |
| Land And Building | 0 |
| Other Fixed Assets | 1,620 |
| NCUSIF Deposit | 92,999 |
| All Other Assets | 0 |
| TOTAL ASSETS | 12,183,162 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,037 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 10,477,637 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 10,477,637 |
| TOTAL LIABILITIES | 10,480,674 |
| Regular Reserve | 0 |
| Other Reserves | 106,528 |
| Undivided Earnings | 1,595,960 |
| TOTAL EQUITY | 1,702,488 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,183,162 |
| INCOME & EXPENSE | |
| Loan Income | 95,021 |
| Investment Income | 36,737 |
| Other Income | 20,250 |
| Total Employee Compensation & Benefits | 248,144 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 71,175 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,410 |
| Cost of Funds | 7,735 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 14,808 |
| ↑ Back to Top | |