Jun, 30, 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 $503.27 million in total assets. Opened 85 years ago in 1936, FIRST U.S. COMMUNITY CREDIT UNION has about 27,188 members and employs 66 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 |
|---|---|
| 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: | 27,188 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68474 |
|---|---|
| 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: | $503,269,385 |
| CEO/Manager: | Carol Hauck |
| Chairperson: | James Gomes |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 81,386,503 |
| TOTAL INVESTMENTS | 123,316,689 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 161,980,735 |
| Unsecured Loans | 10,312,856 |
| Other Loans | 97,892,879 |
| TOTAL LOANS | 270,774,693 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,903,673 |
| Land And Building | 2,414,851 |
| Other Fixed Assets | 885,172 |
| NCUSIF Deposit | 3,820,863 |
| All Other Assets | 22,574,287 |
| TOTAL ASSETS | 503,269,385 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 114,574 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,908,237 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 101,767,881 |
| Regular shares | 152,399,549 |
| All Other Shares & Deposits | 191,441,064 |
| TOTAL SHARES & DEPOSITS | 445,608,494 |
| TOTAL LIABILITIES | 448,631,305 |
| Regular Reserve | 6,496,396 |
| Other Reserves | 7,153,162 |
| Undivided Earnings | 40,988,522 |
| TOTAL EQUITY | 54,638,080 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 503,269,385 |
| INCOME & EXPENSE | |
| Loan Income | 5,182,001 |
| Investment Income | 860,094 |
| Other Income | 688,664 |
| Total Employee Compensation & Benefits | 2,962,571 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,430,849 |
| Non-operating Income & (Expense) | 3,564 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -199,129 |
| Cost of Funds | 712,065 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,047,587 |
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