Mar, 31, 2021 — SIGNATURE FEDERAL CREDIT UNION is a federal credit union headquartered in ALEXANDRIA, VA with 1 branch location and about $379.41 million in total assets. Opened 51 years ago in 1970, SIGNATURE FEDERAL CREDIT UNION has about 24,467 members and employs 57 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SIGNATURE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 12 HERBERT ST ALEXANDRIA, VA 22305 |
| Phone: | (800) 336-0284 |
| Fax: | (703) 683-1573 |
| Website: | http://www.signaturefcu.org |
| Branches: | 1 branch locations |
| Members: | 24,467 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20061 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1970 |
| Last Audited: | Mar 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $379,413,214 |
| CEO/Manager: | Rebecca Cuddy |
| Chairperson: | Joseph Gondola |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 26,700,553 |
| TOTAL INVESTMENTS | 66,136,890 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 196,846,145 |
| Unsecured Loans | 39,134,701 |
| Other Loans | 42,087,553 |
| TOTAL LOANS | 278,068,399 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,592,193 |
| Land And Building | 609,768 |
| Other Fixed Assets | 290,894 |
| NCUSIF Deposit | 2,671,844 |
| All Other Assets | 6,527,059 |
| TOTAL ASSETS | 379,413,214 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 342,000 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,845,958 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 48,279,834 |
| Regular shares | 49,684,051 |
| All Other Shares & Deposits | 235,932,055 |
| TOTAL SHARES & DEPOSITS | 333,895,940 |
| TOTAL LIABILITIES | 339,083,898 |
| Regular Reserve | 3,768,665 |
| Other Reserves | -248,223 |
| Undivided Earnings | 36,808,874 |
| TOTAL EQUITY | 40,329,316 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 379,413,214 |
| INCOME & EXPENSE | |
| Loan Income | 3,168,079 |
| Investment Income | 158,995 |
| Other Income | 159,961 |
| Total Employee Compensation & Benefits | 1,529,885 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,072,175 |
| Non-operating Income & (Expense) | -12 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 263,428 |
| Cost of Funds | 935,207 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 40,932 |
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