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STRATEGIC FEDERAL CREDIT UNION

Jun, 30, 2024 — STRATEGIC FEDERAL CREDIT UNION is a federal credit union headquartered in STERLING, VA with 2 branch locations and about $23.62 million in total assets. Opened 52 years ago in 1973, STRATEGIC FEDERAL CREDIT UNION has about 1,065 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 256078556
Name:STRATEGIC FEDERAL CREDIT UNION
Address:
(Main Office)
22110 Pacific Blvd Ste 100
STERLING, VA 20166
Phone:(571) 250-2019
Fax:(571) 250-4801
Website:https://www.strategicfcu.org
Branches:2 branch locations
Members:1,065
Credit Union Type:Federal Credit Union
Charter Number:21319
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1973
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$23,624,719
CEO/Manager:Jerry Macomber
Chairperson:Edwin Gardner

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 955,320
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 11,312,455
 Unsecured Loans 728,147
 Other Loans 3,632,534
 TOTAL LOANS 15,673,136
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -36,748
 Land And Building 0
 Other Fixed Assets 6,257
 NCUSIF Deposit 195,221
 All Other Assets 0
  TOTAL ASSETS 23,624,719
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 93,972
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,035,461
 Regular shares 11,648,255
 All Other Shares & Deposits 6,017,677
  TOTAL SHARES & DEPOSITS 21,701,393
  TOTAL LIABILITIES 21,795,365
 Regular Reserve 0
 Other Reserves 225,314
 Undivided Earnings 1,604,040
  TOTAL EQUITY 1,829,354
  TOTAL LIABILITIES, SHARES, & EQUITY 23,624,719
INCOME & EXPENSE  
 Loan Income 439,100
 Investment Income 41,799
 Other Income 48,134
 Total Employee Compensation & Benefits 248,430
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 204,934
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 15,931
 Cost of Funds 37,021
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 80,502
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