Overview / Commentary
La Loma Federal Credit Union is headquartered in Bryn Mawr and is the 162nd largest credit union in the state of California. It is also the 1,778th largest credit union in the nation. It was established in 1955 and as of September of 2020, it had grown to 21 employees and 13,744 members at 2 locations. La Loma Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
La Loma Federal Credit Union is open to employees of Loma Linda University, Loma Linda University Medical Center, La Sierra University, the Southeastern California Conference of Seventh-Day Adventists, members of Seventh-day Adventist churches in Southeastern California Conference or the California Consumer Council and other select groups.
See current membership details
Health
B+
Data as of Q3 2020
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. La Loma Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 10351 |
| Year Chartered | 1955 |
| Employees | 21 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.61% |
| Return on Equity - YTD | 9% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $95.3MM$83.5MM |
| Loans | Q3 2020vs Q3 2019 | $46.2MM$43.9MM |
| Deposits | Q3 2020vs Q3 2019 | $88.1MM$77.0MM |
| Equity Capital | Q3 2020vs Q3 2019 | $6.4MM$5.9MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $425.00K$619.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $430.00K$42.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |