Commerce Federal Credit Union

Commerce Federal Credit Union was chartered in 1964 and its charter number is 16326. Commerce Federal Credit Union's address registered with the NCUA is 5900 S EASTERN AVE, SUITE 146 COMMERCE, CA 90040. As of 07/24/06, Commerce Federal Credit Union reported $25,816,546 in assets. The credit union currently has 5,774 members. It's Manager/CEO is Elsie Gumont. The credit unions website is www.commercefcu.net

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

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Commerce Credit Union Financial Evaluation
2006
Total Assets: $24,725,451
Total Loans: $13,891,921
Net Worth Ratio: 12.55
% Share Growth: -8.09
% Loan Growth: 0.38
Loans/Assets Ratio: 56.18
Investment/Assets Ratio: 42.54
Number of Members: 6,003
Number of Full-time Employees: 7

 In the year of 2006, Commerce Credit Union assets decreased by 0.07% and its membership decreased by 0.04%. Commerce CU's membership decreased by a total of 226 members. Assets decreased by the amount of $1,859,694. The total loan amounts went from $13,838,414 in 2005 to $13,891,921 in 2006. Their net worth ratio increased to 12.55. Commerce CU decreased their job opportunities to 7 by reducing 2 employees.

2005
Total Assets: $26,585,145
Total Loans: $13,838,414
Net Worth Ratio: 11.76
% Share Growth: -4.45
% Loan Growth: 2.12
Loans/Assets Ratio: 52.05
Investment/Assets Ratio: 46.74
Number of Members: 6,229
Number of Full-time Employees: 9

 In the year of 2005, Commerce Credit Union assets decreased by 0.04% and its membership increased by 0.12%. Commerce CU's membership increased by a total of 721 members. Assets decreased by the amount of $1,029,533. The total loan amounts went from $13,550,175 in 2004 to $13,838,414 in 2005. Their net worth ratio increased slightly to 11.76. Commerce CU maintained their job opportunities at 9.

2004
Total Assets: $27,614,678
Total Loans: $13,550,175
Net Worth Ratio: 11.2
% Share Growth: 71.52
% Loan Growth: 51.04
Loans/Assets Ratio: 49.06
Investment/Assets Ratio: 49.71
Number of Members: 5,508
Number of Full-time Employees: 9

  
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