Dec, 31, 2021 — IRON WORKERS FEDERAL CREDIT UNION is a federal credit union headquartered in PITTSBURGH, PA with 1 branch location and about $6.62 million in total assets. Opened 59 years ago in 1963, IRON WORKERS FEDERAL CREDIT UNION has about 3,534 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 |
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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: | 3,534 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 15797 |
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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: | $6,620,332 |
CEO/Manager: | Jennifer A Vogt |
Chairperson: | Richard E Danko, Jr. |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,337,800 |
TOTAL INVESTMENTS | 3,482,358 |
Loans Held for Sale | 0 |
Real Estate Loans | 534,310 |
Unsecured Loans | 761,565 |
Other Loans | 414,877 |
TOTAL LOANS | 1,710,752 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | 5,152 |
Land And Building | 0 |
Other Fixed Assets | 2,731 |
NCUSIF Deposit | 64,865 |
All Other Assets | 16,674 |
TOTAL ASSETS | 6,620,332 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 3,856 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -19,798 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 356,820 |
Regular shares | 5,028,359 |
All Other Shares & Deposits | 737,002 |
TOTAL SHARES & DEPOSITS | 6,122,181 |
TOTAL LIABILITIES | 6,106,239 |
Regular Reserve | 343,246 |
Other Reserves | 0 |
Undivided Earnings | 170,847 |
TOTAL EQUITY | 514,093 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,620,332 |
INCOME & EXPENSE | |
Loan Income | 123,245 |
Investment Income | 58,549 |
Other Income | 17,235 |
Total Employee Compensation & Benefits | 97,180 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 155,885 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 8,416 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -24,414 |
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