Dec, 31, 2021 — FIRST U.S. COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in SACRAMENTO, CA with 6 branch locations and about $521.84 million in total assets. Opened 86 years ago in 1936, FIRST U.S. COMMUNITY CREDIT UNION has about 27,121 members and employs 70 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FIRST U.S. COMMUNITY CREDIT UNION |
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Address: (Main Office) | 580 University Ave SACRAMENTO, CA 95825 |
Phone: | (916) 576-5700 |
Fax: | (916) 561-0345 |
Website: | http://www.firstus.org |
Branches: | 6 branch locations |
Members: | 27,121 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68474 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $521,837,006 |
CEO/Manager: | Carol Hauck |
Chairperson: | James Gomes |
ASSETS: | $ Amount |
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Cash & Equivalents | 67,755,187 |
TOTAL INVESTMENTS | 153,254,064 |
Loans Held for Sale | 0 |
Real Estate Loans | 171,560,507 |
Unsecured Loans | 8,096,787 |
Other Loans | 95,401,538 |
TOTAL LOANS | 275,086,454 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,879,233 |
Land And Building | 2,387,465 |
Other Fixed Assets | 790,145 |
NCUSIF Deposit | 4,117,568 |
All Other Assets | 20,325,356 |
TOTAL ASSETS | 521,837,006 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 96,125 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,896,309 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 101,944,650 |
Regular shares | 161,654,726 |
All Other Shares & Deposits | 199,477,718 |
TOTAL SHARES & DEPOSITS | 463,077,094 |
TOTAL LIABILITIES | 466,069,528 |
Regular Reserve | 6,496,396 |
Other Reserves | 6,431,805 |
Undivided Earnings | 42,839,277 |
TOTAL EQUITY | 55,767,478 |
TOTAL LIABILITIES, SHARES, & EQUITY | 521,837,006 |
INCOME & EXPENSE | |
Loan Income | 10,381,275 |
Investment Income | 1,763,950 |
Other Income | 1,402,468 |
Total Employee Compensation & Benefits | 6,035,582 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,882,037 |
Non-operating Income & (Expense) | 3,564 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -170,944 |
Cost of Funds | 1,324,163 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,898,343 |
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