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ELECTRICAL WORKERS NO 22 FEDERAL CREDIT UNION

Dec, 31, 2023 — ELECTRICAL WORKERS NO 22 FEDERAL CREDIT UNION is a federal credit union headquartered in OMAHA, NE with 1 branch location and about $13.32 million in total assets. Opened 68 years ago in 1956, ELECTRICAL WORKERS NO 22 FEDERAL CREDIT UNION has about 2,265 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:https://www.ew22fcu.org
Branches:1 branch locations
Members:2,265
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:Apr 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$13,320,284
CEO/Manager:LISA M VANCE
Chairperson:DOUGLAS IGNOWSKI

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 720,343
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 126,654
 Unsecured Loans 1,050,834
 Other Loans 4,187,625
 TOTAL LOANS 5,365,113
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -15,803
 Land And Building 0
 Other Fixed Assets 9,888
 NCUSIF Deposit 123,722
 All Other Assets 0
  TOTAL ASSETS 13,320,284
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 21,159
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,974,486
 Regular shares 9,347,612
 All Other Shares & Deposits 1,094,521
  TOTAL SHARES & DEPOSITS 12,416,620
  TOTAL LIABILITIES 12,437,779
 Regular Reserve 0
 Other Reserves 252,267
 Undivided Earnings 630,238
  TOTAL EQUITY 882,505
  TOTAL LIABILITIES, SHARES, & EQUITY 13,320,284
INCOME & EXPENSE  
 Loan Income 254,431
 Investment Income 96,738
 Other Income 66,207
 Total Employee Compensation & Benefits 194,060
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 234,955
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 19,500
 Cost of Funds 34,738
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -64,285
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