Dec, 31, 2023 — EP FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 4 branch locations and about $73.72 million in total assets. Opened 89 years ago in 1935, EP FEDERAL CREDIT UNION has about 4,518 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EP FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 301 13th Street SW RM 215A WASHINGTON, DC 20228-0001 |
| Phone: | (202) 318-1991 |
| Fax: | (202) 991-6967 |
| Website: | https://www.epfcu.org |
| Branches: | 4 branch locations |
| Members: | 4,518 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 262 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $73,721,385 |
| CEO/Manager: | Ron Schneeberger |
| Chairperson: | Gregory Boutin |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,727,672 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 26,770,880 |
| Unsecured Loans | 4,690,835 |
| Other Loans | 11,157,964 |
| TOTAL LOANS | 42,619,679 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -137,656 |
| Land And Building | 0 |
| Other Fixed Assets | 81,921 |
| NCUSIF Deposit | 685,108 |
| All Other Assets | 0 |
| TOTAL ASSETS | 73,721,385 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 962,702 |
| Accounts Payable & Other Liabilities | 319,049 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,449,447 |
| Regular shares | 33,032,694 |
| All Other Shares & Deposits | 18,572,636 |
| TOTAL SHARES & DEPOSITS | 69,054,777 |
| TOTAL LIABILITIES | 70,336,528 |
| Regular Reserve | 0 |
| Other Reserves | -2,281,169 |
| Undivided Earnings | 5,666,026 |
| TOTAL EQUITY | 3,384,857 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 73,721,385 |
| INCOME & EXPENSE | |
| Loan Income | 2,152,386 |
| Investment Income | 465,026 |
| Other Income | 441,718 |
| Total Employee Compensation & Benefits | 1,406,465 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,497,490 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 73,716 |
| Cost of Funds | 385,603 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 114,255 |
| ↑ Back to Top | |