Dec, 31, 2021 — SILVERADO CREDIT UNION is a federally insured state chartered credit union headquartered in ANGWIN, CA with 3 branch locations and about $63.97 million in total assets. Opened 69 years ago in 1953, SILVERADO CREDIT UNION has about 3,503 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SILVERADO CREDIT UNION |
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Address: (Main Office) | PO Box 330 ANGWIN, CA 94508-0330 |
Phone: | (707) 965-2483 |
Fax: | (707) 965-0142 |
Website: | http://www.silveradocu.com |
Branches: | 3 branch locations |
Members: | 3,503 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68491 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Dec 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $63,973,983 |
CEO/Manager: | Marilyn A Van Dolson |
Chairperson: | Sherrilyn Roth |
ASSETS: | $ Amount |
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Cash & Equivalents | 22,307,854 |
TOTAL INVESTMENTS | 4,789,019 |
Loans Held for Sale | 0 |
Real Estate Loans | 33,478,784 |
Unsecured Loans | 575,601 |
Other Loans | 2,001,763 |
TOTAL LOANS | 36,056,148 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,071 |
Land And Building | 0 |
Other Fixed Assets | 101,617 |
NCUSIF Deposit | 486,757 |
All Other Assets | 251,659 |
TOTAL ASSETS | 63,973,983 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,882 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 244,017 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 18,012,737 |
Regular shares | 33,100,945 |
All Other Shares & Deposits | 8,624,771 |
TOTAL SHARES & DEPOSITS | 59,738,453 |
TOTAL LIABILITIES | 59,985,352 |
Regular Reserve | 1,496,554 |
Other Reserves | 0 |
Undivided Earnings | 2,492,077 |
TOTAL EQUITY | 3,988,631 |
TOTAL LIABILITIES, SHARES, & EQUITY | 63,973,983 |
INCOME & EXPENSE | |
Loan Income | 1,257,633 |
Investment Income | 53,323 |
Other Income | 257,148 |
Total Employee Compensation & Benefits | 752,593 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 794,455 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,906 |
Cost of Funds | 36,094 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -21,944 |
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