Caltech Employees Federal Credit Union :

Caltech Employees Federal Credit Union was chartered in 1950 and its charter number is 6681. Caltech Employees Federal Credit Union's address registered with the NCUA is P. O. BOX 11001 LA CANADA, CA 91012. As of 07/24/06, Caltech Employees FCU reported $742,764,558 in assets. The credit union currently has 28,586 members. It's Manager/CEO is Richard L. Harris. The credit unions website is WWW.CEFCU.ORG

Caltech Employees Federal Credit Union is a member of the California Credit Union League.

Mortgage Options

Caltech Employees Federal Credit Union offers these most popular home loans. A 15-Year Fixed Rate Mortgage is exclusively designed for members who are looking for fixed monthly payments with no interest rate change and a rate lock even lower than 30-year fixed programs. Caltech Employees FCU also offers 5-Year Re-price which is a One of a kind program for members who want added payment stability and lower monthly expense. This program stays fixed for 5 years with no negative amortization. Also, you are protected by a 2% cap every 5 years and a 5% lifetime cap. So, you can afford more home from the outset, with the assurance that your payments will remain affordable. CEFCU's 7/1 ARM (Adjustable Rate Mortgage) has two phases, this unique program keeps the interest rate and monthly payments fixed during the initial 7 years. Caltech Employees Home Equity Lines of Credit offers two credit lines featuring the no points, fee-free advantage on a Traditional or 10-Year Interest Only programs offered exclusively for their extended Caltech family.

Cal Tech Employees Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $734,042,231
Total Loans: $289,470,626
Net Worth Ratio: 9.04
% Share Growth: -3.23
% Loan Growth: 6.11
Loans/Assets Ratio: 39.43
Investment/Assets Ratio: 57.89
Number of Members: 28,699
Number of Full-time Employees: 60

 In the year of 2006, Cal Tech Employees Credit Union assets decreased by 0.03% and its membership increased by 0.00%. Cal Tech Employees CU's membership increased by a total of 119 members. Assets decreased by the amount of $18,713,165. The total loan amounts went from $272,796,430 in 2005 to $289,470,626 in 2006. Their net worth ratio increased to 9.04. Cal Tech Employees CU decreased their job opportunities to 60 by reducing 2 employees.

As of December 31, 2005
Total Assets: $752,755,396
Total Loans: $272,796,430
Net Worth Ratio: 8.63
% Share Growth: 4.86
% Loan Growth: 17.32
Loans/Assets Ratio: 36.23
Investment/Assets Ratio: 61.16
Number of Members: 28,580
Number of Full-time Employees: 62

 In the year of 2005, Cal Tech Employees Credit Union assets increased by 0.04% and its membership increased by 0.03%. Cal Tech Employees CU's membership increased by a total of 787 members. Assets increased by the amount of $28,636,309. The total loan amounts went from $232,507,513 in 2004 to $272,796,430 in 2005. Their net worth ratio increased slightly to 8.63. Cal Tech Employees CU increased their job opportunities to 62 by adding 1 employee.

As of December 31, 2004
Total Assets: $724,119,087
Total Loans: $232,507,513
Net Worth Ratio: 8.58
% Share Growth: 7.94
% Loan Growth: 17.95
Loans/Assets Ratio: 32.1
Investment/Assets Ratio: 65.27
Number of Members: 27,793
Number of Full-time Employees: 61

  
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