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ARLINGTON MUNICIPAL FEDERAL CREDIT UNION

Dec, 31, 2023 — ARLINGTON MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in ARLINGTON, MA with 1 branch location and about $9.92 million in total assets. Opened 70 years ago in 1954, ARLINGTON MUNICIPAL FEDERAL CREDIT UNION has about 918 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ARLINGTON MUNICIPAL FEDERAL CREDIT UNION
Address:
(Main Office)
730 Massachusetts Ave
ARLINGTON, MA 02476
Phone:(781) 316-3144
Fax:(781) 316-3149
Website:https://www.arlfcu.org
Branches:1 branch locations
Members:918
Credit Union Type:Federal Credit Union
Charter Number:9805
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1954
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$9,916,392
CEO/Manager:Robert F Mahoney
Chairperson:Paul Tierney

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 407,845
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,229,115
 Unsecured Loans 802,607
 Other Loans 3,638,237
 TOTAL LOANS 8,669,959
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -89,293
 Land And Building 0
 Other Fixed Assets 3,465
 NCUSIF Deposit 82,067
 All Other Assets 0
  TOTAL ASSETS 9,916,392
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 22,614
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 7,357,275
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 7,357,275
  TOTAL LIABILITIES 7,379,889
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,536,503
  TOTAL EQUITY 2,536,503
  TOTAL LIABILITIES, SHARES, & EQUITY 9,916,392
INCOME & EXPENSE  
 Loan Income 308,547
 Investment Income 94,022
 Other Income 549
 Total Employee Compensation & Benefits 146,158
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 81,102
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,500
 Cost of Funds 47,047
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 126,311
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