Sep, 30, 2025 — CAPITAL AREA REALTORS FEDERAL CREDIT UNION is a federal credit union headquartered in ROCKVILLE, MD with 1 branch location and about $26.23 million in total assets. Opened 55 years ago in 1971, CAPITAL AREA REALTORS FEDERAL CREDIT UNION has about 1,039 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CAPITAL AREA REALTORS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 15201 Diamondback Dr ROCKVILLE, MD 20850-3312 |
| Phone: | (240) 314-0734 |
| Fax: | (877) 471-0402 |
| Website: | https://www.carfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,039 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20543 |
|---|---|
| Membership Type: | Multiple common bond - Primarily finance, insurance, real estate, trade |
| Corporate Credit Union: | No |
| Year Opened: | 1971 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $26,232,202 |
| CEO/Manager: | Raj Mahajan |
| Chairperson: | Balaram Owens |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,744,206 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 12,143,610 |
| Unsecured Loans | 178,696 |
| Other Loans | 949,104 |
| TOTAL LOANS | 13,271,410 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -169,654 |
| Land And Building | 0 |
| Other Fixed Assets | 91,522 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 180,010 |
| All Other Assets | 0 |
| TOTAL ASSETS | 26,232,202 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 84,185 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,857,109 |
| Regular shares | 2,669,075 |
| All Other Shares & Deposits | 19,327,319 |
| TOTAL SHARES & DEPOSITS | 23,853,505 |
| TOTAL LIABILITIES | 23,937,690 |
| Regular Reserve | 0 |
| Other Reserves | 157,277 |
| Undivided Earnings | 2,137,235 |
| TOTAL EQUITY | 2,294,512 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 26,232,202 |
| INCOME & EXPENSE | |
| Loan Income | 768,361 |
| Investment Income | 193,449 |
| Other Income | 247,214 |
| Total Employee Compensation & Benefits | 336,765 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 281,569 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 40,231 |
| Cost of Funds | 421,517 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 128,942 |
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