WESTERN STATES REGIONAL FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — WESTERN STATES REGIONAL FEDERAL CREDIT UNION is a federal credit union headquartered in Los Angeles, CA with 1 branch location and about $660,735 in total assets. Opened 70 years ago in 1954, WESTERN STATES REGIONAL FEDERAL CREDIT UNION has about 260 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | WESTERN STATES REGIONAL FEDERAL CREDIT UNION |
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Address: (Main Office) | 920 South Alvarado Street Los Angeles, CA 90006 |
Phone: | (213) 385-0271 |
Fax: | (213) 385-2615 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 260 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9255 |
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Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Sep 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $660,735 |
CEO/Manager: | M. Mitchell Bonca |
Chairperson: | Cristina R Vazquez |
ASSETS: | $ Amount |
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Cash & Equivalents | 274,865 |
TOTAL INVESTMENTS | 271,041 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 58,014 |
Other Loans | 49,158 |
TOTAL LOANS | 107,172 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,321 |
Land And Building | 0 |
Other Fixed Assets | 1,467 |
NCUSIF Deposit | 5,650 |
All Other Assets | 2,861 |
TOTAL ASSETS | 660,735 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 83 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 455,478 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 455,478 |
TOTAL LIABILITIES | 455,561 |
Regular Reserve | 23,074 |
Other Reserves | 0 |
Undivided Earnings | 182,100 |
TOTAL EQUITY | 205,174 |
TOTAL LIABILITIES, SHARES, & EQUITY | 660,735 |
INCOME & EXPENSE | |
Loan Income | 1,868 |
Investment Income | 473 |
Other Income | 21 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 18,335 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,691 |
Cost of Funds | 1,710 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -19,374 |
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