Addison Avenue Federal Credit Union:

Addison Avenue Fcu was chartered in 1970 and its charter number is 19976. Addison Avenue Federal Credit Union's address registered with the NCUA is 3408 HILLVIEW AVENUE PALO ALTO, CA 94304. As of 07/24/06, Addison Avenue Federal Credit Union reported $1,886,124,321 in assets. The credit union currently has 132,042 members. It's Manager/CEO is Steven C. Lumm. The credit unions website is www.addisonavenue.com

Addison Avenue Federal Credit Union is a member of the California Credit Union League.

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Addison Avenue Federal CU News:

Colorado business, 1/19
Denver Post, CO - Jan 19, 2007
Addison Avenue Federal Credit Union, based in Palo Alto, Calif., opened a branch this week in the CH2M Hill building, 9127 S. Jamaica St., in Douglas County ... read more

Addison Avenue Credit Union Financial Evaluation

As of December 31, 2006
Total Assets: $1,988,640,933
Total Loans: $1,601,460,120
Net Worth Ratio: 10.85
% Share Growth: 10.99
% Loan Growth: 8.87
Loans/Assets Ratio: 80.53
Investment/Assets Ratio: 17.57
Number of Members: 135,008
Number of Full-time Employees: 393

 In the year of 2006, Addison Avenue Credit Union assets increased by 0.09% and its membership increased by 0.06%. Addison Avenue CU's membership increased by a total of 8,518 members. Assets increased by the amount of $173,074,339. The total loan amounts went from $1,470,983,517 in 2005 to $1,601,460,120 in 2006. Their net worth ratio decreased to 10.85. Addison Avenue CU increased their job opportunities to 393 by adding 25 employees.

As of December 31, 2005
Total Assets: $1,815,566,594
Total Loans: $1,470,983,517
Net Worth Ratio: 11.32
% Share Growth: 4.33
% Loan Growth: 15.84
Loans/Assets Ratio: 81.02
Investment/Assets Ratio: 17.39
Number of Members: 126,490
Number of Full-time Employees: 368

 In the year of 2005, Addison Avenue Credit Union assets increased by 0.07% and its membership increased by 0.02%. Addison Avenue CU's membership increased by a total of 2,100 members. Assets increased by the amount of $122,890,341. The total loan amounts went from $1,269,758,540 in 2004 to $1,470,983,517 in 2005. Their net worth ratio decreased slightly to 11.32. Addison Avenue CU increased their job opportunities to 368 by adding 17 employees.

As of December 31, 2004
Total Assets: $1,692,676,253
Total Loans: $1,269,758,540
Net Worth Ratio: 11.37
% Share Growth: -1.46
% Loan Growth: 6.37
Loans/Assets Ratio: 75.01
Investment/Assets Ratio: 23.04
Number of Members: 124,390
Number of Full-time Employees: 351

  
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