Dec, 31, 2021 — CLEARPATH FEDERAL CREDIT UNION is a federal credit union headquartered in GLENDALE, CA with 2 branch locations and about $142.22 million in total assets. Opened 68 years ago in 1954, CLEARPATH FEDERAL CREDIT UNION has about 11,786 members and employs 30 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CLEARPATH FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 340 Arden Ave GLENDALE, CA 91203 |
Phone: | (818) 937-5300 |
Fax: | (818) 937-5329 |
Website: | http://www.clearpathfcu.org |
Branches: | 2 branch locations |
Members: | 11,786 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9556 |
---|---|
Membership Type: | Multiple common bond - Primarily finance, insurance, real estate, trade |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Oct 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $142,217,119 |
CEO/Manager: | Gerardo Guzman |
Chairperson: | Russell Morgan |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 25,135,709 |
TOTAL INVESTMENTS | 25,047,652 |
Loans Held for Sale | 0 |
Real Estate Loans | 54,950,920 |
Unsecured Loans | 10,446,736 |
Other Loans | 23,528,186 |
TOTAL LOANS | 88,925,842 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -411,181 |
Land And Building | 0 |
Other Fixed Assets | 222,363 |
NCUSIF Deposit | 1,229,181 |
All Other Assets | 2,067,553 |
TOTAL ASSETS | 142,217,119 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 40 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,238,969 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 33,231,898 |
Regular shares | 44,942,713 |
All Other Shares & Deposits | 45,608,272 |
TOTAL SHARES & DEPOSITS | 123,782,883 |
TOTAL LIABILITIES | 125,021,892 |
Regular Reserve | 2,228,422 |
Other Reserves | -363,381 |
Undivided Earnings | 15,330,186 |
TOTAL EQUITY | 17,195,227 |
TOTAL LIABILITIES, SHARES, & EQUITY | 142,217,119 |
INCOME & EXPENSE | |
Loan Income | 4,087,833 |
Investment Income | 332,103 |
Other Income | 1,253,318 |
Total Employee Compensation & Benefits | 2,382,488 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,292,070 |
Non-operating Income & (Expense) | 3,304,949 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 130,220 |
Cost of Funds | 449,310 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 4,471,027 |
↑ Back to Top |