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LOCAL UNION 1186 IBEW FEDERAL CREDIT UNION

Sep, 30, 2021 — LOCAL UNION 1186 IBEW FEDERAL CREDIT UNION is a federal credit union headquartered in HONOLULU, HI with 1 branch location and about $15.62 million in total assets. Opened 66 years ago in 1956, LOCAL UNION 1186 IBEW FEDERAL CREDIT UNION has about 1,086 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOCAL UNION 1186 IBEW FEDERAL CREDIT UNION
Address:
(Main Office)
1935 HAU ST STE 300
HONOLULU, HI 96819-5003
Phone:(808) 848-1599
Fax:(808) 847-4596
Website:n/a
Branches:1 branch locations
Members:1,086
Credit Union Type:Federal Credit Union
Charter Number:10882
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1956
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$15,619,636
CEO/Manager:Ron G Mendiola
Chairperson:Dennis Kaloi

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,102,361
TOTAL INVESTMENTS 12,220,210
Loans Held for Sale 0
 
 Real Estate Loans 345,928
 Unsecured Loans 871,839
 Other Loans 934,718
 TOTAL LOANS 2,152,485
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -40,327
 Land And Building 0
 Other Fixed Assets 2,003
 NCUSIF Deposit 130,891
 All Other Assets 52,013
  TOTAL ASSETS 15,619,636
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 12,368
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 50,360
 Regular shares 13,067,568
 All Other Shares & Deposits 668,839
  TOTAL SHARES & DEPOSITS 13,786,767
  TOTAL LIABILITIES 13,799,135
 Regular Reserve 305,580
 Other Reserves 0
 Undivided Earnings 1,514,921
  TOTAL EQUITY 1,820,501
  TOTAL LIABILITIES, SHARES, & EQUITY 15,619,636
INCOME & EXPENSE  
 Loan Income 77,768
 Investment Income 147,489
 Other Income 143
 Total Employee Compensation & Benefits 115,055
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 57,332
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 6,000
 Cost of Funds 22,349
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 24,729
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