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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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 |
| ↑ Back to Top | |