Credit Unions Near Me
National Credit Union Service Organization

SEQUOIA FEDERAL CREDIT UNION

Jun, 30, 2021 — SEQUOIA FEDERAL CREDIT UNION is a federal credit union headquartered in REDWOOD CITY, CA with 1 branch location and about $40.55 million in total assets. Opened 69 years ago in 1952, SEQUOIA FEDERAL CREDIT UNION has about 1,711 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 321174848
Name:SEQUOIA FEDERAL CREDIT UNION
Address:
(Main Office)
530 EL CAMINO REAL
REDWOOD CITY, CA 94063
Phone:(650) 366-7777
Fax:(650) 366-0748
Website:http://www.sequoiafcu.org
Branches:1 branch locations
Members:1,711
Credit Union Type:Federal Credit Union
Charter Number:7617
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1952
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$40,554,367
CEO/Manager:Rochelle Kirchner
Chairperson:Dottress Rollin

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,702,263
TOTAL INVESTMENTS 11,404,651
Loans Held for Sale 0
 
 Real Estate Loans 16,096,420
 Unsecured Loans 1,213,055
 Other Loans 3,254,568
 TOTAL LOANS 20,748,006
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -37,580
 Land And Building 2,205,000
 Other Fixed Assets 14,581
 NCUSIF Deposit 323,449
 All Other Assets 193,997
  TOTAL ASSETS 40,554,367
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 102,426
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,675,756
 Regular shares 22,793,036
 All Other Shares & Deposits 7,879,557
  TOTAL SHARES & DEPOSITS 36,348,349
  TOTAL LIABILITIES 36,450,775
 Regular Reserve 611,165
 Other Reserves 138,703
 Undivided Earnings 3,353,724
  TOTAL EQUITY 4,103,592
  TOTAL LIABILITIES, SHARES, & EQUITY 40,554,367
INCOME & EXPENSE  
 Loan Income 408,860
 Investment Income 89,066
 Other Income 21,856
 Total Employee Compensation & Benefits 327,898
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 269,914
 Non-operating Income & (Expense) 5,000
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -8,984
 Cost of Funds 6,963
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 23,277
↑ Back to Top

Other Credit Unions

SOUTH SAN FRANCISCO CITY EMP FEDERAL CREDIT UNION
P.O. BOX 5641
SOUTH SAN FRANC, CA 94083-5641
MY CREDIT UNION
510 VETERANS BLVD STE B
REDWOOD CITY, CA 94063
SAN MATEO CITY EMPLOYEES FEDERAL CREDIT UNION
CREDIT UNION, 330 W 20TH AVE
SAN MATEO, CA 94403
POLAM FEDERAL CREDIT UNION
770 MARSHALL ST
REDWOOD CITY, CA 94063-1846
MENLO SURVEY FEDERAL CREDIT UNION
345 Middlefield Rd
MENLO PARK, CA 94025
UPWARD CREDIT UNION
1860 El Camino Real Ste 100
BURLINGAME, CA 94010-3106
BAY CITIES CREDIT UNION
P.O. BOX 30
HAYWARD, CA 94543
SRI FEDERAL CREDIT UNION
PO BOX 2284
MENLO PARK, CA 94026-2284
SAN MATEO CREDIT UNION
350 Convention Way
REDWOOD CITY, CA 94063
PROVIDENT CREDIT UNION
303 TWIN DOLPHIN DRIVE
REDWOOD CITY, CA 94065