Dec, 31, 2023 — CAPITAL AREA TAIWANESE FEDERAL CREDIT UNION is a federal credit union headquartered in GAINESVILLE, VA with 1 branch location and about $12.64 million in total assets. Opened 47 years ago in 1977, CAPITAL AREA TAIWANESE FEDERAL CREDIT UNION has about 506 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CAPITAL AREA TAIWANESE FEDERAL CREDIT UNION |
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Address: (Main Office) | 8032 TYSONS OAKS CT GAINESVILLE, VA 20155 |
Phone: | (301) 916-1008 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 506 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22652 |
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Membership Type: | Associational - Fraternal, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1977 |
Last Audited: | Apr 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $12,635,203 |
CEO/Manager: | Ming-Shyong Wu |
Chairperson: | Ming Hong Chow |
ASSETS: | $ Amount |
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Cash & Equivalents | 121,672 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 8,472,336 |
Unsecured Loans | 85,801 |
Other Loans | 158,145 |
TOTAL LOANS | 8,892,540 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -115,086 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 128,840 |
All Other Assets | 0 |
TOTAL ASSETS | 12,635,203 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,944 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 292,872 |
All Other Shares & Deposits | 10,855,134 |
TOTAL SHARES & DEPOSITS | 11,148,006 |
TOTAL LIABILITIES | 11,150,950 |
Regular Reserve | 0 |
Other Reserves | 156,444 |
Undivided Earnings | 1,327,809 |
TOTAL EQUITY | 1,484,253 |
TOTAL LIABILITIES, SHARES, & EQUITY | 12,635,203 |
INCOME & EXPENSE | |
Loan Income | 315,822 |
Investment Income | 78,631 |
Other Income | 2,199 |
Total Employee Compensation & Benefits | 55,074 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 50,233 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 275,665 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 15,680 |
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