Sep, 30, 2022 — GSA FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 1 branch location and about $41.99 million in total assets. Opened 86 years ago in 1937, GSA FEDERAL CREDIT UNION has about 5,399 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | GSA FEDERAL CREDIT UNION |
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Address: (Main Office) | 1800 F St NW # 1211 WASHINGTON, DC 20405-0001 |
Phone: | (202) 876-2121 |
Fax: | (202) 208-4023 |
Website: | https://www.gsafcu.gsa.gov |
Branches: | 1 branch locations |
Members: | 5,399 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2299 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1937 |
Last Audited: | May 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $41,986,307 |
CEO/Manager: | Jerome P Malvin |
Chairperson: | Nathan Smith |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,214,096 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 9,763,655 |
Unsecured Loans | 5,379,359 |
Other Loans | 8,541,857 |
TOTAL LOANS | 23,684,871 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -162,975 |
Land And Building | 0 |
Other Fixed Assets | 85,075 |
NCUSIF Deposit | 332,919 |
All Other Assets | 0 |
TOTAL ASSETS | 41,986,307 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 79,177 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 9,440,766 |
Regular shares | 18,478,965 |
All Other Shares & Deposits | 9,900,897 |
TOTAL SHARES & DEPOSITS | 37,820,628 |
TOTAL LIABILITIES | 37,899,805 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 4,086,502 |
TOTAL EQUITY | 4,086,502 |
TOTAL LIABILITIES, SHARES, & EQUITY | 41,986,307 |
INCOME & EXPENSE | |
Loan Income | 768,506 |
Investment Income | 160,396 |
Other Income | 306,023 |
Total Employee Compensation & Benefits | 512,193 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 516,304 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 29,500 |
Cost of Funds | 136,142 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 66,212 |
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