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LOCAL 606 ELECTRICAL WORKERS FEDERAL CREDIT UNION

Mar, 31, 2021 — LOCAL 606 ELECTRICAL WORKERS FEDERAL CREDIT UNION is a federal credit union headquartered in ORLANDO, FL with 1 branch location and about $7.28 million in total assets. Opened 56 years ago in 1965, LOCAL 606 ELECTRICAL WORKERS FEDERAL CREDIT UNION has about 416 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 263181342
Name:LOCAL 606 ELECTRICAL WORKERS FEDERAL CREDIT UNION
Address:
(Main Office)
820 VIRGINIA DR
ORLANDO, FL 32803-2530
Phone:(407) 896-4733
Fax:(407) 897-7274
Website:http://www.local606fcu.org
Branches:1 branch locations
Members:416
Credit Union Type:Federal Credit Union
Charter Number:16979
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$7,279,041
CEO/Manager:JANICE D SULLIVAN
Chairperson:JAMES M SULLIVAN, JR

Call Report

  • Real Estate Loans
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 867,225
TOTAL INVESTMENTS 4,935,002
Loans Held for Sale 0
 
 Real Estate Loans 917,829
 Unsecured Loans 26,193
 Other Loans 505,251
 TOTAL LOANS 1,449,273
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -44,407
 Land And Building 0
 Other Fixed Assets 3,499
 NCUSIF Deposit 63,242
 All Other Assets 5,207
  TOTAL ASSETS 7,279,041
LIABILITIES & CAPITAL:  
 Dividends Payable 1,160
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,550
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 18,708
 Regular shares 3,672,085
 All Other Shares & Deposits 2,252,355
  TOTAL SHARES & DEPOSITS 5,943,148
  TOTAL LIABILITIES 5,952,858
 Regular Reserve 188,405
 Other Reserves 0
 Undivided Earnings 1,137,778
  TOTAL EQUITY 1,326,183
  TOTAL LIABILITIES, SHARES, & EQUITY 7,279,041
INCOME & EXPENSE  
 Loan Income 17,488
 Investment Income 19,238
 Other Income 910
 Total Employee Compensation & Benefits 22,413
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 13,204
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,368
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,349
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