Sep, 30, 2025 — FINANCIAL PARTNERS CREDIT UNION is a federally insured state chartered credit union headquartered in DOWNEY, CA with 14 branch locations and about $2.22 billion in total assets. Opened 89 years ago in 1937, FINANCIAL PARTNERS CREDIT UNION has about 93,682 members and employs 296 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FINANCIAL PARTNERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 7800 Imperial Hwy DOWNEY, CA 90242-3457 |
| Phone: | (562) 923-0311 |
| Fax: | (562) 904-4285 |
| Website: | https://www.fpcu.org |
| Branches: | 14 branch locations |
| Members: | 93,682 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68457 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,218,417,956 |
| CEO/Manager: | Nader Moghaddam |
| Chairperson: | Yves Pinkowitz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 109,572,435 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 50,062,030 |
| Real Estate Loans | 1,402,047,685 |
| Unsecured Loans | 83,395,223 |
| Other Loans | 177,543,646 |
| TOTAL LOANS | 1,662,986,554 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,951,708 |
| Land And Building | 21,525,909 |
| Other Fixed Assets | 5,759,028 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 16,554,951 |
| All Other Assets | 102,349 |
| TOTAL ASSETS | 2,218,417,956 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 268,914 |
| Notes & Interest Payable | 234,000,000 |
| Accounts Payable & Other Liabilities | 33,931,151 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 35,000,000 |
| Share Drafts | 294,965,592 |
| Regular shares | 552,787,631 |
| All Other Shares & Deposits | 911,625,958 |
| TOTAL SHARES & DEPOSITS | 1,759,379,181 |
| TOTAL LIABILITIES | 2,062,579,246 |
| Regular Reserve | 0 |
| Other Reserves | 17,878,634 |
| Undivided Earnings | 137,960,076 |
| TOTAL EQUITY | 155,838,710 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,218,417,956 |
| INCOME & EXPENSE | |
| Loan Income | 66,262,760 |
| Investment Income | 12,083,186 |
| Other Income | 4,610,693 |
| Total Employee Compensation & Benefits | 27,622,884 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 25,054,476 |
| Non-operating Income & (Expense) | -5,022 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,136,953 |
| Cost of Funds | 36,236,555 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,757,266 |
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