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I B E W 26 FEDERAL CREDIT UNION

Sep, 30, 2025 — I B E W 26 FEDERAL CREDIT UNION is a federal credit union headquartered in LANHAM, MD with 1 branch location and about $28.99 million in total assets. Opened 71 years ago in 1955, I B E W 26 FEDERAL CREDIT UNION has about 2,838 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:I B E W 26 FEDERAL CREDIT UNION
Address:
(Main Office)
4371 Parliament Pl Ste C
LANHAM, MD 20706
Phone:(301) 306-0610
Fax:(301) 306-0746
Website:https://www.ibew26fcu.com
Branches:1 branch locations
Members:2,838
Credit Union Type:Federal Credit Union
Charter Number:10323
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1955
Last Audited:Sep 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$28,991,928
CEO/Manager:Joshua C Urbick
Chairperson:Lambert J Marlow

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,911,244
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,922,045
 Unsecured Loans 1,745,402
 Other Loans 13,405,265
 TOTAL LOANS 17,072,712
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -220,070
 Land And Building 0
 Other Fixed Assets 44,970
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 261,969
 All Other Assets 0
  TOTAL ASSETS 28,991,928
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 580,490
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,358,744
 Regular shares 20,584,489
 All Other Shares & Deposits 2,343,527
  TOTAL SHARES & DEPOSITS 26,286,761
  TOTAL LIABILITIES 26,867,251
 Regular Reserve 0
 Other Reserves 269,437
 Undivided Earnings 1,855,240
  TOTAL EQUITY 2,124,677
  TOTAL LIABILITIES, SHARES, & EQUITY 28,991,928
INCOME & EXPENSE  
 Loan Income 638,472
 Investment Income 383,504
 Other Income 280,839
 Total Employee Compensation & Benefits 548,105
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 495,119
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 155,583
 Cost of Funds 37,362
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 66,646
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