Credit Unions Near Me
National Credit Union Service Organization

VITELCO EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — VITELCO EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Charlotte Amali, VI with 1 branch location and about $1.92 million in total assets. Opened 42 years ago in 1979, VITELCO EMPLOYEES FEDERAL CREDIT UNION has about 367 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:VITELCO EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
PO Box 303920
Charlotte Amali, VI 00803-3920
Phone:(340) 776-4500
Fax:(340) 693-0434
Website:http://www.vitelcocu.com
Branches:1 branch locations
Members:367
Credit Union Type:Federal Credit Union
Charter Number:23294
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1979
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,923,051
CEO/Manager:Avery Evans
Chairperson:John E Clenance

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,232,920
TOTAL INVESTMENTS 256,590
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 437,004
 Other Loans 0
 TOTAL LOANS 437,004
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,272
 Land And Building 0
 Other Fixed Assets 85
 NCUSIF Deposit 13,629
 All Other Assets -6,905
  TOTAL ASSETS 1,923,051
LIABILITIES & CAPITAL:  
 Dividends Payable 1,946
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 21,703
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,374,804
 All Other Shares & Deposits 172,570
  TOTAL SHARES & DEPOSITS 1,547,374
  TOTAL LIABILITIES 1,571,023
 Regular Reserve 32,701
 Other Reserves 0
 Undivided Earnings 319,327
  TOTAL EQUITY 352,028
  TOTAL LIABILITIES, SHARES, & EQUITY 1,923,051
INCOME & EXPENSE  
 Loan Income 13,587
 Investment Income 454
 Other Income 2,555
 Total Employee Compensation & Benefits 10,907
 NCUSIF Premiums Expense 121
 Total Other Operating Expenses 11,485
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 300
 Cost of Funds 1,912
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -8,129
↑ Back to Top

Other Credit Unions

FREDERIKSTED FEDERAL CREDIT UNION
PO BOX 7
FREDERIKSTED, VI 00841
CHRISTIANSTED FEDERAL CREDIT UNION
P.O. BOX 490
CHRISTIANSTED, VI 00821
MID-ISLAND FEDERAL CREDIT UNION
P O Box 5398
CHRISTIANSTED, VI 00823
ST. THOMAS FEDERAL CREDIT UNION
P.O. BOX 1138
CHARLOTTE AMALI, VI 00804-1138