FEDERAL EMPLOYEES WEST FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at http://www.fewfcu.org for more information.
Dec, 31, 2021 — FEDERAL EMPLOYEES WEST FEDERAL CREDIT UNION is a federal credit union headquartered in LOS ANGELES, CA with 1 branch location and about $12.47 million in total assets. Opened 64 years ago in 1958, FEDERAL EMPLOYEES WEST FEDERAL CREDIT UNION has about 1,434 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FEDERAL EMPLOYEES WEST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 611 W 6TH ST STE 875 LOS ANGELES, CA 90017-3117 |
| Phone: | (213) 327-2093 |
| Fax: | (213) 327-0634 |
| Website: | http://www.fewfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,434 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12442 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Apr 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,474,871 |
| CEO/Manager: | Aaron Young |
| Chairperson: | LILY MONTERROSO |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,629,118 |
| TOTAL INVESTMENTS | 6,137,680 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 65,822 |
| Unsecured Loans | 634,103 |
| Other Loans | 1,899,936 |
| TOTAL LOANS | 2,599,861 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -33,000 |
| Land And Building | 0 |
| Other Fixed Assets | 11,111 |
| NCUSIF Deposit | 113,728 |
| All Other Assets | 16,373 |
| TOTAL ASSETS | 12,474,871 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 241,406 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,342,875 |
| Regular shares | 7,854,871 |
| All Other Shares & Deposits | 1,601,817 |
| TOTAL SHARES & DEPOSITS | 11,799,563 |
| TOTAL LIABILITIES | 12,040,969 |
| Regular Reserve | 233,491 |
| Other Reserves | 0 |
| Undivided Earnings | 200,411 |
| TOTAL EQUITY | 433,902 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,474,871 |
| INCOME & EXPENSE | |
| Loan Income | 84,958 |
| Investment Income | 34,531 |
| Other Income | 27,482 |
| Total Employee Compensation & Benefits | 74,168 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 364,409 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -30,944 |
| Cost of Funds | 1,712 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -254,789 |
| ↑ Back to Top | |