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LOCAL UNION 1186 IBEW FEDERAL CREDIT UNION

Mar, 31, 2021 — LOCAL UNION 1186 IBEW FEDERAL CREDIT UNION is a federal credit union headquartered in HONOLULU, HI with 1 branch location and about $15.11 million in total assets. Opened 65 years ago in 1956, LOCAL UNION 1186 IBEW FEDERAL CREDIT UNION has about 1,115 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:1,115
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$15,106,425
CEO/Manager:Ron G Mendiola
Chairperson:Dennis Kaloi

Call Report

  • Participation Loans
  • Real Estate Loans
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 821,239
TOTAL INVESTMENTS 11,910,210
Loans Held for Sale 0
 
 Real Estate Loans 447,972
 Unsecured Loans 877,847
 Other Loans 905,166
 TOTAL LOANS 2,230,985
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -32,527
 Land And Building 0
 Other Fixed Assets 2,689
 NCUSIF Deposit 126,712
 All Other Assets 47,117
  TOTAL ASSETS 15,106,425
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 16,345
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 66,993
 Regular shares 12,554,588
 All Other Shares & Deposits 668,673
  TOTAL SHARES & DEPOSITS 13,290,254
  TOTAL LIABILITIES 13,306,599
 Regular Reserve 305,580
 Other Reserves 0
 Undivided Earnings 1,494,246
  TOTAL EQUITY 1,799,826
  TOTAL LIABILITIES, SHARES, & EQUITY 15,106,425
INCOME & EXPENSE  
 Loan Income 26,854
 Investment Income 49,227
 Other Income 31
 Total Employee Compensation & Benefits 43,257
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 20,024
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,000
 Cost of Funds 7,800
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,053
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