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City of Downey Federal Credit Union
City of Downey Federal Credit Union was chartered in 1958 and its charter number is 12179.
City of Downey Federal Credit Union's address registered with the NCUA
is 11111 BROOKSHIRE AVENUE DOWNEY, CA 90241.
As of 07/24/06, City of Downey Federal Credit Union reported $12,370,491 in assets.
The credit union currently has 1,545 members. It's Manager/CEO is Jon Hernandez.
The credit unions website is www.codfcu.org
City of Downey Federal Credit Union is a member of the California Credit Union League.
Mortgage Options
City of Downey Credit Union Financial Evaluation
2006
Total Assets: $10,976,275
Total Loans: $9,006,613
Net Worth Ratio: 9.28
% Share Growth: -8.94
% Loan Growth: -6.95
Loans/Assets Ratio: 82.05
Investment/Assets Ratio: 15.16
Number of Members: 1,563
Number of Full-time Employees: 6
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In the year of 2006, City of Downey Credit Union assets decreased by 0.09% and its membership increased by 0.06%. City of Downey CU's membership increased by a total of 93 members. Assets decreased by the amount of $1,085,742. The total loan amounts went from $9,679,369 in 2005 to $9,006,613 in 2006. Their net worth ratio increased to 9.28. City of Downey CU maintained their job opportunities at 6.
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2005
Total Assets: $12,062,017
Total Loans: $9,679,369
Net Worth Ratio: 9.25
% Share Growth: -0.67
% Loan Growth: 11.69
Loans/Assets Ratio: 80.24
Investment/Assets Ratio: 16.57
Number of Members: 1,470
Number of Full-time Employees: 6
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In the year of 2005, City of Downey Credit Union assets decreased by 0.02% and its membership increased by 0.07%. City of Downey CU's membership increased by a total of 97 members. Assets decreased by the amount of $182,937. The total loan amounts went from $8,666,118 in 2004 to $9,679,369 in 2005. Their net worth ratio decreased slightly to 9.25. City of Downey CU increased their job opportunities to 6 by adding 1 employee.
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2004
Total Assets: $12,244,954
Total Loans: $8,666,118
Net Worth Ratio: 9.94
% Share Growth: 29.18
% Loan Growth: 50.2
Loans/Assets Ratio: 70.77
Investment/Assets Ratio: 25.41
Number of Members: 1,373
Number of Full-time Employees: 5
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