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UNITED ASSOCIATION CREDIT UNION

Mar, 31, 2022 — UNITED ASSOCIATION CREDIT UNION is a federally insured state chartered credit union headquartered in CONCORD, CA with 1 branch location and about $11.37 million in total assets. Opened 65 years ago in 1957, UNITED ASSOCIATION CREDIT UNION has about 1,902 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:http://unitedassociationcu.org
Branches:1 branch locations
Members:1,902
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:$11,374,291
CEO/Manager:LYNN DEBENE
Chairperson:John Patten

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,138,670
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 199,737
 Other Loans 3,122,298
 TOTAL LOANS 3,322,035
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,016
 Land And Building 0
 Other Fixed Assets 3,046
 NCUSIF Deposit 80,919
 All Other Assets 0
  TOTAL ASSETS 11,374,291
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 19,315
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 9,656,898
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 9,656,898
  TOTAL LIABILITIES 9,676,213
 Regular Reserve 0
 Other Reserves 106,528
 Undivided Earnings 1,591,550
  TOTAL EQUITY 1,698,078
  TOTAL LIABILITIES, SHARES, & EQUITY 11,374,291
INCOME & EXPENSE  
 Loan Income 30,660
 Investment Income 8,635
 Other Income 7,809
 Total Employee Compensation & Benefits 70,307
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 22,631
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,368
 Cost of Funds 2,196
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 10,397
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