Dec, 31, 2023 — TREASURY DEPARTMENT FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 6 branch locations and about $181.00 million in total assets. Opened 89 years ago in 1935, TREASURY DEPARTMENT FEDERAL CREDIT UNION has about 12,275 members and employs 29 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TREASURY DEPARTMENT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | Treasury Annex Rm 1000 WASHINGTON, DC 20220 |
| Phone: | (202) 289-1950 |
| Fax: | (202) 371-9328 |
| Website: | https://www.tdfcu.org |
| Branches: | 6 branch locations |
| Members: | 12,275 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 162 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $181,004,375 |
| CEO/Manager: | Alfred Scipio |
| Chairperson: | Gary Grippo |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 20,683,829 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 62,863,592 |
| Unsecured Loans | 11,341,129 |
| Other Loans | 31,697,745 |
| TOTAL LOANS | 105,902,466 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -711,532 |
| Land And Building | 8,281,861 |
| Other Fixed Assets | 184,864 |
| NCUSIF Deposit | 1,527,722 |
| All Other Assets | 0 |
| TOTAL ASSETS | 181,004,375 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,747,452 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 43,938,605 |
| Regular shares | 76,664,226 |
| All Other Shares & Deposits | 42,678,534 |
| TOTAL SHARES & DEPOSITS | 163,281,365 |
| TOTAL LIABILITIES | 165,028,817 |
| Regular Reserve | 0 |
| Other Reserves | 4,317,969 |
| Undivided Earnings | 11,657,589 |
| TOTAL EQUITY | 15,975,558 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 181,004,375 |
| INCOME & EXPENSE | |
| Loan Income | 4,714,300 |
| Investment Income | 2,439,514 |
| Other Income | 638,297 |
| Total Employee Compensation & Benefits | 2,682,090 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,105,683 |
| Non-operating Income & (Expense) | 9,892 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 457,000 |
| Cost of Funds | 590,779 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,723,948 |
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» See also Statement of Financial Condition