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GLAMOUR FEDERAL CREDIT UNION

Jun, 30, 2021 — 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 61 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.


ABA Routing Number: 021584330
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:http://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

Call Report

  • Real Estate Loans
  • Check Cashing
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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