Sep, 30, 2025 — SEA AIR FEDERAL CREDIT UNION is a federal credit union headquartered in SEAL BEACH, CA with 3 branch locations and about $118.27 million in total assets. Opened 74 years ago in 1952, SEA AIR FEDERAL CREDIT UNION has about 6,214 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SEA AIR FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 800 Seal Beach Blvd Bldg 12 SEAL BEACH, CA 90740 |
| Phone: | (888) 732-2471 |
| Fax: | (562) 430-3921 |
| Website: | https://www.seaairfcu.org |
| Branches: | 3 branch locations |
| Members: | 6,214 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7817 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $118,267,546 |
| CEO/Manager: | Michael G Pardon |
| Chairperson: | Lawrence Jorgenson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,368,339 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 15,782,229 |
| Unsecured Loans | 3,012,289 |
| Other Loans | 28,005,206 |
| TOTAL LOANS | 46,799,725 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -244,473 |
| Land And Building | 0 |
| Other Fixed Assets | 183,294 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 877,002 |
| All Other Assets | 51,000 |
| TOTAL ASSETS | 118,267,546 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 605 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 961,308 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,923,899 |
| Regular shares | 31,998,798 |
| All Other Shares & Deposits | 47,782,549 |
| TOTAL SHARES & DEPOSITS | 89,705,245 |
| TOTAL LIABILITIES | 90,667,158 |
| Regular Reserve | 0 |
| Other Reserves | 10,731,722 |
| Undivided Earnings | 16,868,666 |
| TOTAL EQUITY | 27,600,388 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 118,267,546 |
| INCOME & EXPENSE | |
| Loan Income | 1,685,616 |
| Investment Income | 1,182,555 |
| Other Income | 113,834 |
| Total Employee Compensation & Benefits | 1,325,630 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,286,629 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 301,854 |
| Cost of Funds | 1,193,676 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -850,140 |
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