Jun, 30, 2024 — REDLANDS CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in REDLANDS, CA with 1 branch location and about $10.30 million in total assets. Opened 71 years ago in 1954, REDLANDS CITY EMPLOYEES FEDERAL CREDIT UNION has about 686 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | REDLANDS CITY EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 35 Cajon St Ste 14 REDLANDS, CA 92373-4746 |
| Phone: | (909) 798-7626 |
| Fax: | (909) 793-4316 |
| Website: | https://redlandsfcu.org |
| Branches: | 1 branch locations |
| Members: | 686 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9778 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $10,298,419 |
| CEO/Manager: | Heather J Jedinak |
| Chairperson: | CLETE HYMAN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,885,169 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 703,880 |
| Other Loans | 2,607,693 |
| TOTAL LOANS | 3,311,573 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,093 |
| Land And Building | 0 |
| Other Fixed Assets | 1,168 |
| NCUSIF Deposit | 77,136 |
| All Other Assets | 0 |
| TOTAL ASSETS | 10,298,419 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 43,076 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 7,760,446 |
| All Other Shares & Deposits | 593,509 |
| TOTAL SHARES & DEPOSITS | 8,353,955 |
| TOTAL LIABILITIES | 8,397,031 |
| Regular Reserve | 0 |
| Other Reserves | 223,197 |
| Undivided Earnings | 1,678,191 |
| TOTAL EQUITY | 1,901,388 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 10,298,419 |
| INCOME & EXPENSE | |
| Loan Income | 132,737 |
| Investment Income | 36,272 |
| Other Income | 1,438 |
| Total Employee Compensation & Benefits | 77,021 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 44,239 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 14,241 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 36,138 |
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