Jun, 30, 2021 — IRON WORKERS FEDERAL CREDIT UNION is a federal credit union headquartered in Pittsburgh, PA with 1 branch location and about $7.00 million in total assets. Opened 58 years ago in 1963, IRON WORKERS FEDERAL CREDIT UNION has about 3,530 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | IRON WORKERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2201 Liberty Ave Ste 201 Pittsburgh, PA 15222-4512 |
| Phone: | (412) 471-1133 |
| Fax: | (412) 471-1547 |
| Website: | http://iwfcu.com |
| Branches: | 1 branch locations |
| Members: | 3,530 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15797 |
|---|---|
| Membership Type: | Multiple common bond - Primarily primary and fabricated metals |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,996,849 |
| CEO/Manager: | Jennifer A Vogt |
| Chairperson: | Richard E Danko, Jr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,109,894 |
| TOTAL INVESTMENTS | 3,932,358 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 634,425 |
| Unsecured Loans | 822,040 |
| Other Loans | 423,921 |
| TOTAL LOANS | 1,880,386 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,977 |
| Land And Building | 0 |
| Other Fixed Assets | 2,838 |
| NCUSIF Deposit | 63,228 |
| All Other Assets | 15,122 |
| TOTAL ASSETS | 6,996,849 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,235 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,946 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 396,620 |
| Regular shares | 5,306,223 |
| All Other Shares & Deposits | 756,977 |
| TOTAL SHARES & DEPOSITS | 6,459,820 |
| TOTAL LIABILITIES | 6,467,001 |
| Regular Reserve | 343,246 |
| Other Reserves | 0 |
| Undivided Earnings | 186,602 |
| TOTAL EQUITY | 529,848 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,996,849 |
| INCOME & EXPENSE | |
| Loan Income | 60,375 |
| Investment Income | 33,054 |
| Other Income | 7,281 |
| Total Employee Compensation & Benefits | 46,807 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 72,772 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 4,365 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -23,234 |
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