Mar, 31, 2022 — FAMILIES AND SCHOOLS TOGETHER FEDERAL CREDIT UNION is a federal credit union headquartered in HANFORD, CA with 3 branch locations and about $274.61 million in total assets. Opened 68 years ago in 1954, FAMILIES AND SCHOOLS TOGETHER FEDERAL CREDIT UNION has about 18,059 members and employs 46 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FAMILIES AND SCHOOLS TOGETHER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 312 W 7th St HANFORD, CA 93230 |
| Phone: | (559) 584-0922 |
| Fax: | (559) 583-6948 |
| Website: | www.fastcu.com |
| Branches: | 3 branch locations |
| Members: | 18,059 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9109 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $274,612,983 |
| CEO/Manager: | Paula Lehn |
| Chairperson: | William Fishbough |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 61,323,183 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 126,976,292 |
| Unsecured Loans | 10,119,870 |
| Other Loans | 43,264,086 |
| TOTAL LOANS | 180,511,192 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,176,007 |
| Land And Building | 9,276,957 |
| Other Fixed Assets | 682,724 |
| NCUSIF Deposit | 1,947,862 |
| All Other Assets | 0 |
| TOTAL ASSETS | 274,612,983 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 8,192,003 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 86,540,110 |
| Regular shares | 115,708,287 |
| All Other Shares & Deposits | 30,933,339 |
| TOTAL SHARES & DEPOSITS | 233,181,736 |
| TOTAL LIABILITIES | 241,373,739 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 33,239,244 |
| TOTAL EQUITY | 33,239,244 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 274,612,983 |
| INCOME & EXPENSE | |
| Loan Income | 1,906,989 |
| Investment Income | 101,705 |
| Other Income | 387,652 |
| Total Employee Compensation & Benefits | 813,845 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 882,453 |
| Non-operating Income & (Expense) | 950 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 110,788 |
| Cost of Funds | 151,219 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,054,207 |
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