Dec, 31, 2023 — FIRST EAGLE FEDERAL CREDIT UNION is a federal credit union headquartered in OWINGS MILLS, MD with 4 branch locations and about $107.42 million in total assets. Opened 68 years ago in 1956, FIRST EAGLE FEDERAL CREDIT UNION has about 8,117 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FIRST EAGLE FEDERAL CREDIT UNION |
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Address: (Main Office) | 10451 Mill Run Cir Ste 300 OWINGS MILLS, MD 21117 |
Phone: | (443) 548-8008 |
Fax: | (443) 548-8030 |
Website: | https://www.firsteaglefcu.org |
Branches: | 4 branch locations |
Members: | 8,117 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10958 |
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Membership Type: | Multiple common bond - Primarily finance, insurance, real estate, trade |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $107,415,989 |
CEO/Manager: | Art C Brock |
Chairperson: | Edward Paulis |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,243,190 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 22,797,184 |
Unsecured Loans | 5,214,736 |
Other Loans | 37,547,687 |
TOTAL LOANS | 65,559,606 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -370,820 |
Land And Building | 0 |
Other Fixed Assets | 305,530 |
NCUSIF Deposit | 902,508 |
All Other Assets | 6,697 |
TOTAL ASSETS | 107,415,989 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 63 |
Notes & Interest Payable | 2,000,000 |
Accounts Payable & Other Liabilities | 760,909 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 19,688,485 |
Regular shares | 35,063,945 |
All Other Shares & Deposits | 38,819,862 |
TOTAL SHARES & DEPOSITS | 93,572,290 |
TOTAL LIABILITIES | 96,333,262 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 11,082,727 |
TOTAL EQUITY | 11,082,727 |
TOTAL LIABILITIES, SHARES, & EQUITY | 107,415,989 |
INCOME & EXPENSE | |
Loan Income | 3,415,749 |
Investment Income | 744,212 |
Other Income | 264,191 |
Total Employee Compensation & Benefits | 1,760,454 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,686,330 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 93,271 |
Cost of Funds | 826,525 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 547,877 |
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