Credit Unions Near Me
National Credit Union Service Organization

FERKO MD FEDERAL CREDIT UNION

Mar, 31, 2022 — FERKO MD FEDERAL CREDIT UNION is a federal credit union headquartered in FREDERICK, MD with 1 branch location and about $38.61 million in total assets. Opened 67 years ago in 1955, FERKO MD FEDERAL CREDIT UNION has about 3,698 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FERKO MD FEDERAL CREDIT UNION
Address:
(Main Office)
502 W Patrick St
FREDERICK, MD 21701
Phone:(301) 662-7266
Fax:(301) 662-4525
Website:http://www.ferkomfcu.com
Branches:1 branch locations
Members:3,698
Credit Union Type:Federal Credit Union
Charter Number:10381
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1955
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$38,608,373
CEO/Manager:Jeffrey T Perrell
Chairperson:Thomas w Van Pelt

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 13,608,802
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,736,080
 Other Loans 7,979,048
 TOTAL LOANS 9,715,128
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -116,429
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 300,168
 All Other Assets 0
  TOTAL ASSETS 38,608,373
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 17,499
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 438,378
 Regular shares 34,081,185
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 34,519,563
  TOTAL LIABILITIES 34,537,062
 Regular Reserve 0
 Other Reserves 223,250
 Undivided Earnings 3,848,061
  TOTAL EQUITY 4,071,311
  TOTAL LIABILITIES, SHARES, & EQUITY 38,608,373
INCOME & EXPENSE  
 Loan Income 112,625
 Investment Income 26,613
 Other Income 7,390
 Total Employee Compensation & Benefits 69,745
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 75,382
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 11,028
 Cost of Funds 6,527
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -16,054
↑ Back to Top

Other Credit Unions

M B F T FEDERAL CREDIT UNION
1 POPLAR ST
THURMONT, MD 21788
MVP POSTAL AND PRINTING FEDERAL CREDIT UNION
16501 Shady Grove Rd
GAITHERSBURG, MD 20898
KOREAN CATHOLIC FEDERAL CREDIT UNION
17615 Old Baltimore Rd
OLNEY, MD 20832
CAPITAL AREA TAIWANESE FEDERAL CREDIT UNION
14403 Harvest Moon Rd
BOYDS, MD 20841-4354
CAPITAL AREA REALTORS FEDERAL CREDIT UNION
15201 Diamondback Dr
ROCKVILLE, MD 20850-3312
WASHINGTON COUNTY TEACHERS FEDERAL CREDIT UNION
19638 Leitersburg Pike
HAGERSTOWN, MD 21742
NYMEO FEDERAL CREDIT UNION
5210 Chairmans Ct
FREDERICK, MD 21703
BULL DOG FEDERAL CREDIT UNION
580 Northern Ave
HAGERSTOWN, MD 21742
MID-ATLANTIC FEDERAL CREDIT UNION
12820 Wisteria Dr
GERMANTOWN, MD 20874-2627
SKYPOINT FEDERAL CREDIT UNION
19785 CRYSTAL ROCK DR Ste 201
GERMANTOWN, MD 20874