Jun, 30, 2024 — CAPITAL AREA TAIWANESE FEDERAL CREDIT UNION is a federal credit union headquartered in BOYDS, MD with 1 branch location and about $14.54 million in total assets. Opened 47 years ago in 1977, CAPITAL AREA TAIWANESE FEDERAL CREDIT UNION has about 542 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) | 14403 Harvest Moon Rd BOYDS, MD 20841-4354 |
| Phone: | (301) 916-1008 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 542 |
| 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: | Feb 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $14,541,781 |
| CEO/Manager: | Ming-Shyong Wu |
| Chairperson: | Ming Hong Chow |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 281,185 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,684,192 |
| Unsecured Loans | 81,375 |
| Other Loans | 132,498 |
| TOTAL LOANS | 10,082,842 |
| (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 | 141,367 |
| All Other Assets | 0 |
| TOTAL ASSETS | 14,541,781 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 5,857 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,336 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 326,476 |
| All Other Shares & Deposits | 12,758,768 |
| TOTAL SHARES & DEPOSITS | 13,085,244 |
| TOTAL LIABILITIES | 13,093,437 |
| Regular Reserve | 0 |
| Other Reserves | 156,444 |
| Undivided Earnings | 1,291,900 |
| TOTAL EQUITY | 1,448,344 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 14,541,781 |
| INCOME & EXPENSE | |
| Loan Income | 231,621 |
| Investment Income | 45,468 |
| Other Income | 223 |
| Total Employee Compensation & Benefits | 32,223 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 27,759 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 136,592 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 80,738 |
| ↑ Back to Top | |