MOORE WEST FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.mwfcu.com for more information.
Dec, 31, 2023 — MOORE WEST FEDERAL CREDIT UNION is a federal credit union headquartered in SAN LEANDRO, CA with 1 branch location and about $11.62 million in total assets. Opened 42 years ago in 1982, MOORE WEST FEDERAL CREDIT UNION has about 808 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MOORE WEST FEDERAL CREDIT UNION |
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Address: (Main Office) | 2450 WASHINGTON AVE STE 180 SAN LEANDRO, CA 94577-5995 |
Phone: | (510) 352-9090 |
Fax: | (510) 352-8219 |
Website: | https://www.mwfcu.com |
Branches: | 1 branch locations |
Members: | 808 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 23953 |
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Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1982 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $11,622,551 |
CEO/Manager: | Christine L Petro |
Chairperson: | Jim Miller |
ASSETS: | $ Amount |
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Cash & Equivalents | 650,281 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 63,125 |
Unsecured Loans | 935,256 |
Other Loans | 1,183,100 |
TOTAL LOANS | 2,181,481 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,866 |
Land And Building | 0 |
Other Fixed Assets | 14,866 |
NCUSIF Deposit | 117,589 |
All Other Assets | 0 |
TOTAL ASSETS | 11,622,551 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -152,826 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,615,508 |
Regular shares | 4,774,388 |
All Other Shares & Deposits | 4,541,538 |
TOTAL SHARES & DEPOSITS | 10,931,434 |
TOTAL LIABILITIES | 10,778,608 |
Regular Reserve | 0 |
Other Reserves | 666,750 |
Undivided Earnings | 177,193 |
TOTAL EQUITY | 843,943 |
TOTAL LIABILITIES, SHARES, & EQUITY | 11,622,551 |
INCOME & EXPENSE | |
Loan Income | 37,734 |
Investment Income | -36,950 |
Other Income | 2,454 |
Total Employee Compensation & Benefits | 49,852 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 209,136 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,333 |
Cost of Funds | 3,312 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -254,347 |
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