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SILVERADO CREDIT UNION

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
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
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

Call Report

  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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