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INTER-AMERICAN FEDERAL CREDIT UNION

Jun, 30, 2021 — INTER-AMERICAN FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN, NY with 0 branch location and about $827,043 in total assets. Opened 57 years ago in 1964, INTER-AMERICAN FEDERAL CREDIT UNION has about 1,278 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:INTER-AMERICAN FEDERAL CREDIT UNION
Address:
(Main Office)
88 HANSON PL
BROOKLYN, NY 11217
Phone:(718) 638-3655
Fax:(718) 368-3655
Website:n/a
Branches:0 branch locations
Members:1,278
Credit Union Type:Federal Credit Union
Charter Number:16285
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1964
Last Audited:Sep 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$827,043
CEO/Manager:David A Dyer
Chairperson:Clyde Semper

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 76,147
TOTAL INVESTMENTS 653,376
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 85,684
 Other Loans 0
 TOTAL LOANS 85,684
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,274
 Land And Building 0
 Other Fixed Assets 2,081
 NCUSIF Deposit 7,375
 All Other Assets 9,654
  TOTAL ASSETS 827,043
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,484
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 737,864
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 737,864
  TOTAL LIABILITIES 742,348
 Regular Reserve 43,672
 Other Reserves 0
 Undivided Earnings 41,023
  TOTAL EQUITY 84,695
  TOTAL LIABILITIES, SHARES, & EQUITY 827,043
INCOME & EXPENSE  
 Loan Income 4,601
 Investment Income 6,318
 Other Income 10
 Total Employee Compensation & Benefits 4,200
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,314
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,415
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