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UNITED ASSOCIATION CREDIT UNION

Sep, 30, 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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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
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