Sep, 30, 2025 — SOUTHLAND CREDIT UNION is a federally insured state chartered credit union headquartered in LOS ALAMITOS, CA with 12 branch locations and about $1.28 billion in total assets. Opened 82 years ago in 1944, SOUTHLAND CREDIT UNION has about 70,752 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: | SOUTHLAND CREDIT UNION |
|---|---|
| Address: (Main Office) | 10701 Los Alamitos Blvd LOS ALAMITOS, CA 90720 |
| Phone: | (562) 862-6831 |
| Fax: | (866) 602-5980 |
| Website: | https://www.southlandcu.org |
| Branches: | 12 branch locations |
| Members: | 70,752 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68415 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1944 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,282,588,721 |
| CEO/Manager: | Thomas G Lent |
| Chairperson: | Thomas H Willingham |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 101,923,188 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 270,000 |
| Real Estate Loans | 631,929,729 |
| Unsecured Loans | 75,815,131 |
| Other Loans | 196,896,679 |
| TOTAL LOANS | 904,641,539 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,994,570 |
| Land And Building | 13,045,182 |
| Other Fixed Assets | 10,074,530 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 10,044,230 |
| All Other Assets | 256,834 |
| TOTAL ASSETS | 1,282,588,721 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 82,000,000 |
| Accounts Payable & Other Liabilities | 6,177,420 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 213,013,799 |
| Regular shares | 466,851,548 |
| All Other Shares & Deposits | 430,171,913 |
| TOTAL SHARES & DEPOSITS | 1,110,037,260 |
| TOTAL LIABILITIES | 1,198,314,680 |
| Regular Reserve | 0 |
| Other Reserves | 5,579,592 |
| Undivided Earnings | 78,694,449 |
| TOTAL EQUITY | 84,274,041 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,282,588,721 |
| INCOME & EXPENSE | |
| Loan Income | 37,925,924 |
| Investment Income | 6,721,936 |
| Other Income | 3,504,986 |
| Total Employee Compensation & Benefits | 16,346,591 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 12,498,183 |
| Non-operating Income & (Expense) | 1,434,469 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,997,000 |
| Cost of Funds | 15,976,710 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,570,524 |
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