Credit Unions Near Me
National Credit Union Service Organization

KOREAN CATHOLIC FEDERAL CREDIT UNION

Dec, 31, 2020 — KOREAN CATHOLIC FEDERAL CREDIT UNION is a federal credit union headquartered in OLNEY, MD with 1 branch location and about $2.19 million in total assets. Opened 44 years ago in 1977, KOREAN CATHOLIC FEDERAL CREDIT UNION has about 328 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KOREAN CATHOLIC FEDERAL CREDIT UNION
Address:
(Main Office)
17615 OLD BALTIMORE RD
OLNEY, MD 20832
Phone:(301) 774-8191
Fax:(301) 774-8192
Website:n/a
Branches:1 branch locations
Members:328
Credit Union Type:Federal Credit Union
Charter Number:22700
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1977
Last Audited:Oct 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,185,664
CEO/Manager:Jennifer Seo
Chairperson:Brian Y Kim

Call Report

  • Risk Based Loans
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 741,870
TOTAL INVESTMENTS 433,954
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 189,803
 Other Loans 817,718
 TOTAL LOANS 1,007,521
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -15,555
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 17,876
 All Other Assets -2
  TOTAL ASSETS 2,185,664
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,206
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,717,656
 All Other Shares & Deposits 164,788
  TOTAL SHARES & DEPOSITS 1,882,444
  TOTAL LIABILITIES 1,886,650
 Regular Reserve 103,998
 Other Reserves 0
 Undivided Earnings 195,016
  TOTAL EQUITY 299,014
  TOTAL LIABILITIES, SHARES, & EQUITY 2,185,664
INCOME & EXPENSE  
 Loan Income 48,465
 Investment Income 8,967
 Other Income 3,693
 Total Employee Compensation & Benefits 36,558
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 28,547
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,227
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -6,207
↑ Back to Top

Other Credit Unions

MT. JEZREEL FEDERAL CREDIT UNION
420 University Blvd E
SILVER SPRING, MD 20901
MVP POSTAL AND PRINTING FEDERAL CREDIT UNION
16501 SHADY GROVE RD
GAITHERSBURG, MD 20898
CAPITAL AREA REALTORS FEDERAL CREDIT UNION
P.O. BOX 1573
ROCKVILLE, MD 20849-1573
HEMA FEDERAL CREDIT UNION
8701 GEORGIA AVE STE 407
SILVER SPRING, MD 20910-3713
W S S C FEDERAL CREDIT UNION
P.O. BOX 1187
LAUREL, MD 20707
FEDFINANCIAL FEDERAL CREDIT UNION
11233 Lockwood Drive
SILVER SPRING, MD 20901
SIGNAL FINANCIAL FEDERAL CREDIT UNION
3015 UNIVERSITY BLVD W
KENSINGTON, MD 20895-1936
MARRIOTT EMPLOYEES FEDERAL CREDIT UNION
P.O. Box 6006
BETHESDA, MD 20827-6006
GEICO FEDERAL CREDIT UNION
5260 Western Ave
CHEVY CHASE, MD 20815
MARKET USA FEDERAL CREDIT UNION
8871 GORMAN RD, STE 100
LAUREL, MD 20723-5877