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FEDERAL EMPLOYEES WEST FEDERAL CREDIT UNION

Mar, 31, 2021 — FEDERAL EMPLOYEES WEST FEDERAL CREDIT UNION is a federal credit union headquartered in LOS ANGELES, CA with 1 branch location and about $12.49 million in total assets. Opened 63 years ago in 1958, FEDERAL EMPLOYEES WEST FEDERAL CREDIT UNION has about 1,483 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:1,483
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:$12,491,230
CEO/Manager:Aaron Young
Chairperson:LILY MONTERROSO

Call Report

  • Credit Builder
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,346,622
TOTAL INVESTMENTS 7,166,676
Loans Held for Sale 0
 
 Real Estate Loans 68,605
 Unsecured Loans 701,540
 Other Loans 2,119,683
 TOTAL LOANS 2,889,828
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -64,288
 Land And Building 0
 Other Fixed Assets 14,631
 NCUSIF Deposit 106,405
 All Other Assets 31,356
  TOTAL ASSETS 12,491,230
LIABILITIES & CAPITAL:  
 Dividends Payable 104
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 17,246
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,140,929
 Regular shares 8,092,835
 All Other Shares & Deposits 1,570,019
  TOTAL SHARES & DEPOSITS 11,803,783
  TOTAL LIABILITIES 11,821,133
 Regular Reserve 233,491
 Other Reserves 0
 Undivided Earnings 436,606
  TOTAL EQUITY 670,097
  TOTAL LIABILITIES, SHARES, & EQUITY 12,491,230
INCOME & EXPENSE  
 Loan Income 43,489
 Investment Income 18,399
 Other Income 13,009
 Total Employee Compensation & Benefits 37,020
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 60,359
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 852
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -18,594
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