Dec, 31, 2023 — BALTIMORE WASHINGTON FEDERAL CREDIT UNION is a federal credit union headquartered in GLEN BURNIE, MD with 1 branch location and about $9.43 million in total assets. Opened 53 years ago in 1971, BALTIMORE WASHINGTON FEDERAL CREDIT UNION has about 1,486 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BALTIMORE WASHINGTON FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 301 HOSPITAL DR GLEN BURNIE, MD 21061-5803 |
Phone: | (410) 787-4645 |
Fax: | (410) 595-1979 |
Website: | https://baltimorewashingtonfcu.org/ |
Branches: | 1 branch locations |
Members: | 1,486 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20719 |
---|---|
Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1971 |
Last Audited: | Jun 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $9,433,341 |
CEO/Manager: | Pamela B Robinson |
Chairperson: | James W Cary |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,262,396 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 54,802 |
Unsecured Loans | 583,582 |
Other Loans | 3,739,431 |
TOTAL LOANS | 4,377,815 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -82,252 |
Land And Building | 0 |
Other Fixed Assets | 358 |
NCUSIF Deposit | 97,277 |
All Other Assets | 0 |
TOTAL ASSETS | 9,433,341 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 53,409 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,335,640 |
Regular shares | 6,422,515 |
All Other Shares & Deposits | 940,133 |
TOTAL SHARES & DEPOSITS | 8,698,290 |
TOTAL LIABILITIES | 8,751,699 |
Regular Reserve | 0 |
Other Reserves | 215,782 |
Undivided Earnings | 465,860 |
TOTAL EQUITY | 681,642 |
TOTAL LIABILITIES, SHARES, & EQUITY | 9,433,341 |
INCOME & EXPENSE | |
Loan Income | 270,625 |
Investment Income | 54,306 |
Other Income | 139,812 |
Total Employee Compensation & Benefits | 201,796 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 236,720 |
Non-operating Income & (Expense) | 13,704 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 85,550 |
Cost of Funds | 36,120 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -81,739 |
↑ Back to Top |