San Diego County Credit Union

Organization Overview

San Diego County Credit Union is located in San Diego, CA. The organization was established in 1961. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, San Diego County Credit Union employed 903 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. San Diego County Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, San Diego County Credit Union generated $305.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $204.8m during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

STATE CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE LOAN PRODUCTS AND SERVICES TO MEMBERSHIP


PROVIDE DEPOSIT PRODUCTS AND SERVICES TO MEMBERSHIP


PROVIDE OTHER FINANCIAL SERVICES TO MEMBERSHIP


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sheppard Mullin Richter & Hampton Llp
Legal Services
$4,285,006
Truhome Solutions Llc
Real Estate Services
$3,394,673
Lres Corporation
Real Estate Services
$1,953,862
Allied Universal Security Services
Security Services
$1,102,293
Loomis
Cash Handling Services
$1,023,386
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$235,995,920
Investment income $43,638,267
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $41,341
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $305,241,036

Peer Organizations

Organization NameAssets
The Golden 1 Credit Union
Sacramento, CA
$525,382,897
Patelco Credit Union
Dublin, CA
$276,202,116
Onpoint Community Credit Union
Portland, OR
$300,691,175
San Diego County Credit Union
San Diego, CA
$305,241,036
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$140,033,802
Oregon Community Credit Union
Eugene, OR
$182,242,816

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