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LOCAL UNION 1186 IBEW FEDERAL CREDIT UNION

Mar, 31, 2022 — LOCAL UNION 1186 IBEW FEDERAL CREDIT UNION is a federal credit union headquartered in HONOLULU, HI with 1 branch location and about $15.53 million in total assets. Opened 66 years ago in 1956, LOCAL UNION 1186 IBEW FEDERAL CREDIT UNION has about 1,063 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:1,063
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:$15,530,012
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 806,957
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 248,296
 Unsecured Loans 794,328
 Other Loans 881,819
 TOTAL LOANS 1,924,443
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -33,966
 Land And Building 0
 Other Fixed Assets 17,305
 NCUSIF Deposit 130,891
 All Other Assets 0
  TOTAL ASSETS 15,530,012
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 16,028
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 62,549
 Regular shares 12,846,370
 All Other Shares & Deposits 765,596
  TOTAL SHARES & DEPOSITS 13,674,515
  TOTAL LIABILITIES 13,690,543
 Regular Reserve 0
 Other Reserves 305,580
 Undivided Earnings 1,533,889
  TOTAL EQUITY 1,839,469
  TOTAL LIABILITIES, SHARES, & EQUITY 15,530,012
INCOME & EXPENSE  
 Loan Income 23,424
 Investment Income 46,034
 Other Income 32
 Total Employee Compensation & Benefits 27,955
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 20,981
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,000
 Cost of Funds 7,192
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,628
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