GLAMOUR FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.glamourfcu.com for more information.
Dec, 31, 2023 — GLAMOUR FEDERAL CREDIT UNION is a federal credit union headquartered in Quebradillas, PR with 1 branch location and about $4.01 million in total assets. Opened 64 years ago in 1960, GLAMOUR FEDERAL CREDIT UNION has about 1,030 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GLAMOUR FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. Box 915 Quebradillas, PR 00678-0915 |
| Phone: | (787) 895-3030 |
| Fax: | (787) 895-7488 |
| Website: | https://www.glamourfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,030 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13785 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,014,112 |
| CEO/Manager: | Linda Perez |
| Chairperson: | ISRAEL PEREZ NUNEZ |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,752,233 |
| TOTAL INVESTMENTS | 400,985 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 156,862 |
| Unsecured Loans | 1,498,158 |
| Other Loans | 168,528 |
| TOTAL LOANS | 1,823,548 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -21,173 |
| Land And Building | 0 |
| Other Fixed Assets | 7,671 |
| NCUSIF Deposit | 31,155 |
| All Other Assets | 19,693 |
| TOTAL ASSETS | 4,014,112 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 473 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,294 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 632,815 |
| All Other Shares & Deposits | 3,135,336 |
| TOTAL SHARES & DEPOSITS | 3,768,151 |
| TOTAL LIABILITIES | 3,774,918 |
| Regular Reserve | 185,000 |
| Other Reserves | 42,833 |
| Undivided Earnings | 11,361 |
| TOTAL EQUITY | 239,194 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,014,112 |
| INCOME & EXPENSE | |
| Loan Income | 29,389 |
| Investment Income | 552 |
| Other Income | 4,862 |
| Total Employee Compensation & Benefits | 33,710 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 18,831 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 6 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -16,241 |
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