Mar, 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 $495.65 million in total assets. Opened 85 years ago in 1936, FIRST U.S. COMMUNITY CREDIT UNION has about 27,039 members and employs 63 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: | 27,039 |
| 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, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $495,653,163 |
| CEO/Manager: | Carol Hauck |
| Chairperson: | James Gomes |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 76,062,706 |
| TOTAL INVESTMENTS | 117,963,651 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 155,553,040 |
| Unsecured Loans | 12,512,460 |
| Other Loans | 98,319,841 |
| TOTAL LOANS | 266,946,261 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,161,114 |
| Land And Building | 2,428,544 |
| Other Fixed Assets | 835,095 |
| NCUSIF Deposit | 3,599,967 |
| All Other Assets | 29,978,053 |
| TOTAL ASSETS | 495,653,163 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 124,600 |
| Notes & Interest Payable | 5,000,000 |
| Accounts Payable & Other Liabilities | 2,749,104 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 98,290,568 |
| Regular shares | 151,359,067 |
| All Other Shares & Deposits | 184,763,719 |
| TOTAL SHARES & DEPOSITS | 434,413,354 |
| TOTAL LIABILITIES | 442,287,058 |
| Regular Reserve | 6,496,396 |
| Other Reserves | 7,004,927 |
| Undivided Earnings | 39,864,782 |
| TOTAL EQUITY | 53,366,105 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 495,653,163 |
| INCOME & EXPENSE | |
| Loan Income | 2,674,855 |
| Investment Income | 420,943 |
| Other Income | 330,296 |
| Total Employee Compensation & Benefits | 1,552,891 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,194,589 |
| Non-operating Income & (Expense) | 3,564 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -32,822 |
| Cost of Funds | 360,096 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 923,847 |
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