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CAPITAL AREA TAIWANESE FEDERAL CREDIT UNION

Sep, 30, 2025 — CAPITAL AREA TAIWANESE FEDERAL CREDIT UNION is a federal credit union headquartered in ROCKVILLE, MD with 1 branch location and about $12.41 million in total assets. Opened 49 years ago in 1977, CAPITAL AREA TAIWANESE FEDERAL CREDIT UNION has about 512 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
Address:
(Main Office)
1644 Piccard Dr
ROCKVILLE, MD 20850
Phone:(301) 924-0546
Fax:
Website:n/a
Branches:1 branch locations
Members:512
Credit Union Type:Federal Credit Union
Charter Number:22652
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1977
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$12,406,001
CEO/Manager:Ming Hong Chow
Chairperson:Joe Lee

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 134,384
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 8,060,083
 Unsecured Loans 46,259
 Other Loans 67,495
 TOTAL LOANS 8,472,927
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -105,316
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 112,659
 All Other Assets 0
  TOTAL ASSETS 12,406,001
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 752
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 289,105
 All Other Shares & Deposits 10,712,788
  TOTAL SHARES & DEPOSITS 11,001,895
  TOTAL LIABILITIES 11,002,647
 Regular Reserve 0
 Other Reserves 156,444
 Undivided Earnings 1,246,910
  TOTAL EQUITY 1,403,354
  TOTAL LIABILITIES, SHARES, & EQUITY 12,406,001
INCOME & EXPENSE  
 Loan Income 312,608
 Investment Income 58,571
 Other Income 295
 Total Employee Compensation & Benefits 31,046
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 33,014
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 324,057
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -16,643
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