Credit Unions Near Me
National Credit Union Service Organization

LOCAL 355 MD FEDERAL CREDIT UNION

Mar, 31, 2021 — LOCAL 355 MD FEDERAL CREDIT UNION is a federal credit union headquartered in BALTIMORE, MD with 1 branch location and about $5.60 million in total assets. Opened 59 years ago in 1962, LOCAL 355 MD FEDERAL CREDIT UNION has about 1,738 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOCAL 355 MD FEDERAL CREDIT UNION
Address:
(Main Office)
1030 S DUKELAND ST
BALTIMORE, MD 21223-3303
Phone:(410) 566-5700
Fax:(410) 566-1485
Website:n/a
Branches:1 branch locations
Members:1,738
Credit Union Type:Federal Credit Union
Charter Number:14815
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1962
Last Audited:Aug 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$5,602,785
CEO/Manager:ROSE M QUEEN
Chairperson:LLOYD E ELGERT JR

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,709,966
TOTAL INVESTMENTS 3,178,630
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 327,215
 Other Loans 359,663
 TOTAL LOANS 686,878
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -14,762
 Land And Building 0
 Other Fixed Assets 3,906
 NCUSIF Deposit 37,419
 All Other Assets 748
  TOTAL ASSETS 5,602,785
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,487,802
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,487,802
  TOTAL LIABILITIES 4,487,802
 Regular Reserve 101,181
 Other Reserves 0
 Undivided Earnings 1,013,802
  TOTAL EQUITY 1,114,983
  TOTAL LIABILITIES, SHARES, & EQUITY 5,602,785
INCOME & EXPENSE  
 Loan Income 19,581
 Investment Income 9,560
 Other Income 1,420
 Total Employee Compensation & Benefits 20,479
 NCUSIF Premiums Expense 6,239
 Total Other Operating Expenses 12,768
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,278
 Cost of Funds 5,379
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -17,582
↑ Back to Top

Other Credit Unions

THE MOUNT LEBANON FEDERAL CREDIT UNION
2812 REISTERSTOWN RD
BALTIMORE, MD 21215-7903
MASTERS, MATES & PILOTS (MM&P) FEDERAL CREDIT UNION
700 Maritime Blvd
LINTHICUM, MD 21090
FIAFE FEDERAL CREDIT UNION
7062 Friendship Rd., Airport Contr
BALTIMORE, MD 21240
POST OFFICE CREDIT UNION OF MARYLAND, INC
900 E Fayette St Rm 606
BALTIMORE, MD 21233-1050
SELFRELIANCE BALTO FEDERAL CREDIT UNION
2345 EASTERN AVENUE
BALTIMORE, MD 21224-3612
ST. JOSEPH MEDICAL CENTER MD FEDERAL CREDIT UNION
7601 Osler Dr
TOWSON, MD 21204
HOWARD COUNTY EDUCATION FEDERAL CREDIT UNION
3458 Ellicott Center Dr Ste 106
ELLICOTT CITY, MD 21043-4178
MEMBERS FIRST OF MARYLAND FEDERAL CREDIT UNION
1631 Merritt Blvd
BALTIMORE, MD 21222
FIVE STAR OF MARYLAND FEDERAL CREDIT UNION
716 MAIDEN CHOICE LANE, SUITE 101
BALTIMORE, MD 21228
SECURITYPLUS FEDERAL CREDIT UNION
7135 Windsor Blvd
BALTIMORE, MD 21244