Credit Unions Near Me
National Credit Union Service Organization

LOCAL 355 MD FEDERAL CREDIT UNION

Jun, 30, 2021 — LOCAL 355 MD FEDERAL CREDIT UNION is a federal credit union headquartered in BALTIMORE, MD with 1 branch location and about $5.83 million in total assets. Opened 59 years ago in 1962, LOCAL 355 MD FEDERAL CREDIT UNION has about 1,742 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:1,742
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:$5,833,869
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 1,957,331
TOTAL INVESTMENTS 3,188,055
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 331,634
 Other Loans 316,633
 TOTAL LOANS 648,267
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -11,826
 Land And Building 0
 Other Fixed Assets 6,527
 NCUSIF Deposit 45,515
 All Other Assets 0
  TOTAL ASSETS 5,833,869
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 4,712,020
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,712,020
  TOTAL LIABILITIES 4,712,020
 Regular Reserve 101,181
 Other Reserves 0
 Undivided Earnings 1,020,668
  TOTAL EQUITY 1,121,849
  TOTAL LIABILITIES, SHARES, & EQUITY 5,833,869
INCOME & EXPENSE  
 Loan Income 38,316
 Investment Income 19,238
 Other Income 3,100
 Total Employee Compensation & Benefits 42,135
 NCUSIF Premiums Expense 6,239
 Total Other Operating Expenses 18,409
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -7,214
 Cost of Funds 11,053
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -9,968
↑ 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