Sep, 30, 2025 — WESCOM CENTRAL CREDIT UNION is a federally insured state chartered credit union headquartered in PASADENA, CA with 30 branch locations and about $6.36 billion in total assets. Opened 92 years ago in 1934, WESCOM CENTRAL CREDIT UNION has about 259,450 members and employs 929 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WESCOM CENTRAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 123 S Marengo Ave PASADENA, CA 91101 |
| Phone: | (888) 493-7266 |
| Fax: | |
| Website: | https://www.wescom.org |
| Branches: | 30 branch locations |
| Members: | 259,450 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66703 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $6,363,294,286 |
| CEO/Manager: | Darren Williams |
| Chairperson: | Hani Bhimji |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 199,611,869 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,576,414,607 |
| Unsecured Loans | 343,074,344 |
| Other Loans | 512,923,092 |
| TOTAL LOANS | 3,432,412,043 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -38,966,523 |
| Land And Building | 30,574,633 |
| Other Fixed Assets | 113,249,125 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 40,853,566 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,363,294,286 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,010,375 |
| Notes & Interest Payable | 1,463,000,000 |
| Accounts Payable & Other Liabilities | 190,643,974 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 958,572,035 |
| Regular shares | 1,476,342,818 |
| All Other Shares & Deposits | 1,920,789,834 |
| TOTAL SHARES & DEPOSITS | 4,355,704,686 |
| TOTAL LIABILITIES | 6,011,789,035 |
| Regular Reserve | 0 |
| Other Reserves | -138,068,653 |
| Undivided Earnings | 489,573,904 |
| TOTAL EQUITY | 351,505,251 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,363,294,286 |
| INCOME & EXPENSE | |
| Loan Income | 143,587,040 |
| Investment Income | 79,106,112 |
| Other Income | 9,747,922 |
| Total Employee Compensation & Benefits | 95,326,755 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 81,239,681 |
| Non-operating Income & (Expense) | 123,694 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,200,000 |
| Cost of Funds | 84,868,500 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 16,679,941 |
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