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CORAL COMMUNITY FEDERAL CREDIT UNION

Sep, 30, 2025 — CORAL COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in FT LAUDERDALE, FL with 1 branch location and about $40.21 million in total assets. Opened 51 years ago in 1975, CORAL COMMUNITY FEDERAL CREDIT UNION has about 3,636 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CORAL COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
1930 NE 47th St Ste 120
FT LAUDERDALE, FL 33308
Phone:(954) 772-2330
Fax:(954) 772-5302
Website:https://www.coralfcu.org
Branches:1 branch locations
Members:3,636
Credit Union Type:Federal Credit Union
Charter Number:22159
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1975
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$40,212,492
CEO/Manager:Joseph W Pitcher
Chairperson:Donna Simonovitch

Call Report

  • First Time Homebuyer Program

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 906,571
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 14,504,525
 Unsecured Loans 2,554,880
 Other Loans 7,120,696
 TOTAL LOANS 24,180,101
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -137,826
 Land And Building 0
 Other Fixed Assets 70,337
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 359,834
 All Other Assets 0
  TOTAL ASSETS 40,212,492
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 422,845
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,388,035
 Regular shares 14,496,410
 All Other Shares & Deposits 15,393,278
  TOTAL SHARES & DEPOSITS 36,277,723
  TOTAL LIABILITIES 36,700,568
 Regular Reserve 0
 Other Reserves 676,763
 Undivided Earnings 2,835,161
  TOTAL EQUITY 3,511,924
  TOTAL LIABILITIES, SHARES, & EQUITY 40,212,492
INCOME & EXPENSE  
 Loan Income 1,032,338
 Investment Income 256,097
 Other Income 269,377
 Total Employee Compensation & Benefits 748,756
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 626,267
 Non-operating Income & (Expense) -1
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,241
 Cost of Funds 369,720
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -81,145
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