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MATADORS COMMUNITY CREDIT UNION

Sep, 30, 2021 — MATADORS COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in Northridge, CA with 2 branch locations and about $326.86 million in total assets. Opened 59 years ago in 1963, MATADORS COMMUNITY CREDIT UNION has about 20,673 members and employs 41 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MATADORS COMMUNITY CREDIT UNION
Address:
(Main Office)
PO Box 1052
Northridge, CA 91328
Phone:(818) 993-6328
Fax:(818) 993-0324
Website:http://www.matadors.org
Branches:2 branch locations
Members:20,673
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68483
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1963
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$326,858,430
CEO/Manager:Melissa Broadwell
Chairperson:John Khoukaz

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 68,189,117
TOTAL INVESTMENTS 447,100
Loans Held for Sale 0
 
 Real Estate Loans 68,799,187
 Unsecured Loans 1,293,073
 Other Loans 161,289,880
 TOTAL LOANS 231,382,140
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,071,289
 Land And Building 6,306,267
 Other Fixed Assets 469,546
 NCUSIF Deposit 2,278,206
 All Other Assets 18,857,343
  TOTAL ASSETS 326,858,430
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,129,811
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 61,264,337
 Regular shares 85,247,185
 All Other Shares & Deposits 143,167,051
  TOTAL SHARES & DEPOSITS 289,678,573
  TOTAL LIABILITIES 293,808,384
 Regular Reserve 2,517,834
 Other Reserves 0
 Undivided Earnings 30,532,212
  TOTAL EQUITY 33,050,046
  TOTAL LIABILITIES, SHARES, & EQUITY 326,858,430
INCOME & EXPENSE  
 Loan Income 8,455,161
 Investment Income 218,278
 Other Income 692,907
 Total Employee Compensation & Benefits 3,812,546
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,361,312
 Non-operating Income & (Expense) -19,762
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 382,802
 Cost of Funds 1,195,520
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,965,402
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