Jun, 30, 2021 — SIGNATURE FEDERAL CREDIT UNION is a federal credit union headquartered in ALEXANDRIA, VA with 1 branch location and about $375.98 million in total assets. Opened 51 years ago in 1970, SIGNATURE FEDERAL CREDIT UNION has about 24,517 members and employs 55 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: | 24,517 |
| 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, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $375,983,895 |
| CEO/Manager: | Paula Hoelzel |
| Chairperson: | Joseph Gondola |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 38,294,407 |
| TOTAL INVESTMENTS | 44,393,700 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 204,109,286 |
| Unsecured Loans | 38,807,098 |
| Other Loans | 41,816,401 |
| TOTAL LOANS | 284,732,785 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,651,150 |
| Land And Building | 595,388 |
| Other Fixed Assets | 261,059 |
| NCUSIF Deposit | 2,825,674 |
| All Other Assets | 6,532,032 |
| TOTAL ASSETS | 375,983,895 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 319,173 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,883,475 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 49,060,832 |
| Regular shares | 50,314,533 |
| All Other Shares & Deposits | 231,987,968 |
| TOTAL SHARES & DEPOSITS | 331,363,333 |
| TOTAL LIABILITIES | 335,565,981 |
| Regular Reserve | 3,768,665 |
| Other Reserves | -279,286 |
| Undivided Earnings | 36,928,535 |
| TOTAL EQUITY | 40,417,914 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 375,983,895 |
| INCOME & EXPENSE | |
| Loan Income | 6,421,023 |
| Investment Income | 286,193 |
| Other Income | 284,470 |
| Total Employee Compensation & Benefits | 3,063,206 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,137,455 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 527,663 |
| Cost of Funds | 1,836,712 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 160,594 |
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