Sep, 30, 2025 — IDB GLOBAL FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 1 branch location and about $821.49 million in total assets. Opened 65 years ago in 1961, IDB GLOBAL FEDERAL CREDIT UNION has about 13,001 members and employs 54 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | IDB GLOBAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1300 New York Ave NW WASHINGTON, DC 20577-0001 |
| Phone: | (202) 623-3363 |
| Fax: | (202) 623-3339 |
| Website: | https://www.idbglobalfcu.org |
| Branches: | 1 branch locations |
| Members: | 13,001 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14176 |
|---|---|
| Membership Type: | Service - Finance, Insurance, Real Estate, Trade |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $821,487,863 |
| CEO/Manager: | William (Chip) L Lusk, Jr. |
| Chairperson: | Kenneth Foley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 35,290,560 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 514,509,288 |
| Unsecured Loans | 14,543,155 |
| Other Loans | 28,905,099 |
| TOTAL LOANS | 557,957,542 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,345,599 |
| Land And Building | 0 |
| Other Fixed Assets | 1,498,974 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,218,148 |
| All Other Assets | 0 |
| TOTAL ASSETS | 821,487,863 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 49,557 |
| Notes & Interest Payable | 33,350,000 |
| Accounts Payable & Other Liabilities | 2,774,038 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 117,738,572 |
| Regular shares | 295,768,276 |
| All Other Shares & Deposits | 277,184,116 |
| TOTAL SHARES & DEPOSITS | 690,690,964 |
| TOTAL LIABILITIES | 726,864,559 |
| Regular Reserve | 0 |
| Other Reserves | -6,209,531 |
| Undivided Earnings | 100,832,835 |
| TOTAL EQUITY | 94,623,304 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 821,487,863 |
| INCOME & EXPENSE | |
| Loan Income | 17,148,559 |
| Investment Income | 6,700,360 |
| Other Income | 547,632 |
| Total Employee Compensation & Benefits | 6,228,135 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,450,961 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 198,008 |
| Cost of Funds | 9,512,699 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,726,575 |
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