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FEDERAL EMPLOYEES WEST FEDERAL CREDIT UNION

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.


ABA Routing Number: 322076152
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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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
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