Overview / Commentary
SESLOC Federal Credit Union is headquartered in San Luis Obispo and is the 57th largest credit union in the state of California. It is also the 367th largest credit union in the nation. It was established in 1942 and as of March of 2021, it had grown to 161 employees and 56,101 members at 7 locations. SESLOC Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Sesloc Federal Credit Union is open to those who live, work or attend school in San Luis Obispo or Northern Santa Barbara County and immediate family of existing members.
See current membership details
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Health
A
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4980 |
| Year Chartered | 1942 |
| Employees | 161 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.3% |
| Return on Equity - YTD | 3.52% |
| Annual Interest Income | $7.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $1.10B$897.4MM |
| Loans | Q1 2021vs Q1 2020 | $668.9MM$643.5MM |
| Deposits | Q1 2021vs Q1 2020 | $1.00B$801.9MM |
| Equity Capital | Q1 2021vs Q1 2020 | $91.7MM$88.5MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $5.0MM$3.3MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $2.2MM$2.6MM |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |