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
As of December 31, 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.

As of December 31, 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.

As of December 31, 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

  
Recent Credit Union News Headlines:

  • Coastal Federal Credit Union has selected SAS Money Laundering Detection to help fortify its anti-money laundering (AML) program and adhere to the regulations of the USA PATRIOT Act.

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Other Credit Unions:
  • Winslow School Employees FCU is available to all employees of Winslow Schools.
  • Washington Postal Employees FCU serves postal employees within the District of Columbia and their immediate families.
  • Coconino Federal Credit Union serves the employees of the City of Flagstaff and the City of Page, Arizona, employees of the County of Coconino, School District Employees within Coconino County, Navajo Army Deport, US Postal Service, Forest Service, Geological Survey, employees of the Page Hospital, and anyone who lives, works or worships in Coconino County.
  • Technology Groups FCU is open to anyone who lives, works, worships or attends school in Fairfield, Litchfield or New Haven County Connecticut.
  • Bridgeport Fire Department Employees FCU faithfully serves the financial needs of the city of Bridgeport Fire Department employees and their families.
Credit Union News:

Credit union bringing 300 jobs to downtown Rochester
WCAX-TV Vermont - Feb 8, 2008
Associated Press - February 8, 2008 7:25 AM ET ROCHESTER, N.Y. (AP) - A credit union founded by George Eastman as a savings and loan for his Eastman Kodak employees will build a new...

Full Story: http://www.wcax.com/global/story.asp?s=7842026

Eastern Financial CEO resigns
BizJournals - Feb 8, 2008
Eastern Financial Florida Credit Union said President and Chief Executive Officer Stephen C. McGill has resigned, effective immediately.

Full Story: http://www.bizjournals.com/southflorida/stories/2008/02/04/daily54.html?ana=from_rss

Local curlers barred from national championships
Prince Albert Daily Herald - Feb 04, 2008
A storybook ending was in sight for Deb Thierman's Prince Albert-based foursome, Sunday at the 2008 Affinity Credit Union Provincial Senior Women's Championship in Assiniboia.

Full Story: http://www.paherald.sk.ca/index.cfm?sid=105040&sc=5

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