Certified Federal Credit Union

Certified Federal Credit Union was chartered in 1949 and its charter number is 6140. Certified Federal Credit Union's address registered with the NCUA is 5601 E. WASHINGTON BVLD COMMERCE, CA 90040. As of 07/24/06, Certified FCU reported $45,702,013 in assets. The credit union currently has 8,152 members. It's Manager/CEO is Jeffery Weinstein. The credit unions website is www.certifiedfcu.com

Certified Federal Credit Union is a member of the California Credit Union League.

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Certified Credit Union Financial Evaluation
2006
Total Assets: $46,899,050
Total Loans: $36,873,366
Net Worth Ratio: 7.16
% Share Growth: 10.46
% Loan Growth: 6.89
Loans/Assets Ratio: 78.62
Investment/Assets Ratio: 1.54
Number of Members: 8,266
Number of Full-time Employees: 22

 In the year of 2006, Certified Credit Union assets increased by 0.08% and its membership increased by 0.02%. Certified CU's membership increased by a total of 192 members. Assets increased by the amount of $3,859,956. The total loan amounts went from $34,493,853 in 2005 to $36,873,366 in 2006. Their net worth ratio decreased to 7.16. Certified CU maintained their job opportunities at 22.

2005
Total Assets: $43,039,094
Total Loans: $34,493,853
Net Worth Ratio: 7.18
% Share Growth: 14.52
% Loan Growth: 24.52
Loans/Assets Ratio: 80.14
Investment/Assets Ratio: 4.61
Number of Members: 8,074
Number of Full-time Employees: 22

 In the year of 2005, Certified Credit Union assets increased by 0.14% and its membership decreased by 0.04%. Certified CU's membership decreased by a total of 355 members. Assets increased by the amount of $6,075,017. The total loan amounts went from $27,699,701 in 2004 to $34,493,853 in 2005. Their net worth ratio decreased slightly to 7.18. Certified CU decreased their job opportunities to 22 by reducing 2 employees.

2004
Total Assets: $36,964,077
Total Loans: $27,699,701
Net Worth Ratio: 8.11
% Share Growth: -0.11
% Loan Growth: 1.97
Loans/Assets Ratio: 74.93
Investment/Assets Ratio: 20.13
Number of Members: 8,429
Number of Full-time Employees: 24

  
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