Dec, 31, 2021 — KEYPOINT CREDIT UNION is a federally insured state chartered credit union headquartered in SANTA CLARA, CA with 7 branch locations and about $1.64 billion in total assets. Opened 43 years ago in 1979, KEYPOINT CREDIT UNION has about 59,046 members and employs 182 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KEYPOINT CREDIT UNION |
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Address: (Main Office) | 2805 Bowers Ave SANTA CLARA, CA 95051 |
Phone: | (408) 731-4100 |
Fax: | (408) 727-1959 |
Website: | https://www.kpcu.com |
Branches: | 7 branch locations |
Members: | 59,046 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 65299 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1979 |
Last Audited: | Dec 01, 2020 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $1,639,066,357 |
CEO/Manager: | T. Bradford Canfield |
Chairperson: | Marsha Poenish |
ASSETS: | $ Amount |
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Cash & Equivalents | 194,095,042 |
TOTAL INVESTMENTS | 270,877,479 |
Loans Held for Sale | 10,048,276 |
Real Estate Loans | 817,883,983 |
Unsecured Loans | 90,769,463 |
Other Loans | 201,118,889 |
TOTAL LOANS | 1,109,889,301 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,953,589 |
Land And Building | 7,905,944 |
Other Fixed Assets | 4,143,606 |
NCUSIF Deposit | 10,494,942 |
All Other Assets | 35,565,356 |
TOTAL ASSETS | 1,639,066,357 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 109,000,000 |
Accounts Payable & Other Liabilities | 16,709,646 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 106,530,326 |
Regular shares | 896,951,672 |
All Other Shares & Deposits | 374,388,642 |
TOTAL SHARES & DEPOSITS | 1,377,870,640 |
TOTAL LIABILITIES | 1,503,580,286 |
Regular Reserve | 2,756,230 |
Other Reserves | -3,771,649 |
Undivided Earnings | 136,501,490 |
TOTAL EQUITY | 135,486,071 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,639,066,357 |
INCOME & EXPENSE | |
Loan Income | 34,771,616 |
Investment Income | 4,278,855 |
Other Income | 3,129,666 |
Total Employee Compensation & Benefits | 25,079,215 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 18,779,171 |
Non-operating Income & (Expense) | 25,857,344 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,110,000 |
Cost of Funds | 5,555,568 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 28,700,457 |
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