Credit Unions Near Me
National Credit Union Service Organization

I B E W 26 FEDERAL CREDIT UNION

Dec, 31, 2020 — I B E W 26 FEDERAL CREDIT UNION is a federal credit union headquartered in LANHAM, MD with 1 branch location and about $30.16 million in total assets. Opened 66 years ago in 1955, I B E W 26 FEDERAL CREDIT UNION has about 3,009 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:http://www.ibew26fcu.com
Branches:1 branch locations
Members:3,009
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$30,156,964
CEO/Manager:Doreen C Cleland
Chairperson:George C Hogan

Call Report

  • Credit Builder
  • Indirect Mortgage Loans
  • Overdraft Lines of Credit
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Insurance/Investment Sales

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,184,482
TOTAL INVESTMENTS 11,584,255
Loans Held for Sale 0
 
 Real Estate Loans 3,357,559
 Unsecured Loans 2,222,443
 Other Loans 9,005,161
 TOTAL LOANS 14,585,163
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -66,074
 Land And Building 0
 Other Fixed Assets 34,410
 NCUSIF Deposit 259,257
 All Other Assets 575,471
  TOTAL ASSETS 30,156,964
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 448,572
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,511,920
 Regular shares 23,409,617
 All Other Shares & Deposits 1,674,907
  TOTAL SHARES & DEPOSITS 27,596,444
  TOTAL LIABILITIES 28,045,016
 Regular Reserve 269,438
 Other Reserves 0
 Undivided Earnings 1,842,510
  TOTAL EQUITY 2,111,948
  TOTAL LIABILITIES, SHARES, & EQUITY 30,156,964
INCOME & EXPENSE  
 Loan Income 706,877
 Investment Income 280,365
 Other Income 332,131
 Total Employee Compensation & Benefits 596,517
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 678,253
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 21,657
 Cost of Funds 16,085
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 6,861
↑ Back to Top

Other Credit Unions

MT. JEZREEL FEDERAL CREDIT UNION
420 University Blvd E
SILVER SPRING, MD 20901
GREENBELT FEDERAL CREDIT UNION
112 CENTERWAY
GREENBELT, MD 20770
MNCPPC FEDERAL CREDIT UNION
5211 Campus Drive Suite A
COLLEGE PARK, MD 20740
NONE SUFFER LACK FEDERAL CREDIT UNION
4929 ALLENTOWN RD
SUITLAND, MD 20746-3934
W S S C FEDERAL CREDIT UNION
P.O. BOX 1187
LAUREL, MD 20707
CENSUS FEDERAL CREDIT UNION
PO BOX 733
SUITLAND, MD 20752-0733
FEDFINANCIAL FEDERAL CREDIT UNION
11233 Lockwood Drive
SILVER SPRING, MD 20901
FEDCHOICE FEDERAL CREDIT UNION
10001 WILLOWDALE ROAD
LANHAM, MD 20706
TRANSIT EMPLOYEES FEDERAL CREDIT UNION
6404 Ivy Ln Ste 510
GREENBELT, MD 20770-1426
PRINCE GEORGE'S COMMUNITY FEDERAL CREDIT UNION
15201 Hall RD
BOWIE, MD 20721