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ELECTRICAL WORKERS NO 22 FEDERAL CREDIT UNION

Dec, 31, 2020 — ELECTRICAL WORKERS NO 22 FEDERAL CREDIT UNION is a federal credit union headquartered in OMAHA, NE with 1 branch location and about $13.49 million in total assets. Opened 65 years ago in 1956, ELECTRICAL WORKERS NO 22 FEDERAL CREDIT UNION has about 2,435 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ELECTRICAL WORKERS NO 22 FEDERAL CREDIT UNION
Address:
(Main Office)
8960 L ST STE 102
OMAHA, NE 68127-1414
Phone:(402) 331-3121
Fax:(402) 331-3126
Website:http://www.ew22fcu.org
Branches:1 branch locations
Members:2,435
Credit Union Type:Federal Credit Union
Charter Number:10763
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1956
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$13,487,667
CEO/Manager:LISA M VANCE
Chairperson:DOUGLAS IGNOWSKI

Call Report

  • Micro Consumer Loans
  • Overdraft Lines of Credit
  • Real Estate Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,771,252
TOTAL INVESTMENTS 6,687,128
Loans Held for Sale 0
 
 Real Estate Loans 149,471
 Unsecured Loans 717,364
 Other Loans 3,029,420
 TOTAL LOANS 3,896,255
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -21,375
 Land And Building 0
 Other Fixed Assets 10,297
 NCUSIF Deposit 110,937
 All Other Assets 33,173
  TOTAL ASSETS 13,487,667
LIABILITIES & CAPITAL:  
 Dividends Payable 377
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 24,350
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,326,756
 Regular shares 9,320,475
 All Other Shares & Deposits 710,238
  TOTAL SHARES & DEPOSITS 12,357,469
  TOTAL LIABILITIES 12,382,196
 Regular Reserve 252,267
 Other Reserves 0
 Undivided Earnings 853,204
  TOTAL EQUITY 1,105,471
  TOTAL LIABILITIES, SHARES, & EQUITY 13,487,667
INCOME & EXPENSE  
 Loan Income 232,173
 Investment Income 110,288
 Other Income 61,998
 Total Employee Compensation & Benefits 167,425
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 204,112
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 29,000
 Cost of Funds 14,881
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -10,959
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