Edition: October 2006



 Local Lender$

 By Richard Acello



Mission Federal Credit Union Details

Contact Info

Mission Federal Credit Union
P.O. Box 919023
San Diego, CA 92191-9023
Phone: 858-524-2850
missionfcu.org

  • Anna Mendez, senior vice president of lending

  • Date opened for business: Founded in 1961 as the "Public Schools Credit Union."

  • Assets: $1.97 billion.

  • Capital (accumulated earnings): $192 million.

  • ROA: 0.68 percent.

  • Core capital as percentage of assets: 9.78 percent.

  • Provision for loan losses: $10.7 million.

  • Plant the flag: 23 branches; opened San Marcos branch in June.

  • Employment: 413

Directors

  • Ken Clark

  • Larry Maw

  • Shirley Bullard, vice chairman

  • John Daily, chairman

  • Jim Abbott, assistant board secretary

  • Richard Pepper

  • Melanie Branca, secretary

  • Lupe Holguin Buell, assistant board treasurer

  • Don J. Shelton, treasurer

Key personnel

CEO is Ron Martin; Mendez is senior vice president of lending; the chief financial officer is Jim Miller.

Niche or target customer

Converted to community charter in 2004.


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