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MOORE WEST FEDERAL CREDIT UNION

Dec, 31, 2021 — MOORE WEST FEDERAL CREDIT UNION is a federal credit union headquartered in SAN LEANDRO, CA with 1 branch location and about $12.22 million in total assets. Opened 40 years ago in 1982, MOORE WEST FEDERAL CREDIT UNION has about 855 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:MOORE WEST FEDERAL CREDIT UNION
Address:
(Main Office)
2450 Washington Ave Ste 180
SAN LEANDRO, CA 94577-5995
Phone:(510) 352-9090
Fax:(510) 352-8219
Website:http://www.mwfcu.com
Branches:1 branch locations
Members:855
Credit Union Type:Federal Credit Union
Charter Number:23953
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1982
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$12,223,628
CEO/Manager:Laura J Keyes
Chairperson:Jim Miller

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 604,961
TOTAL INVESTMENTS 8,570,011
Loans Held for Sale 0
 
 Real Estate Loans 82,110
 Unsecured Loans 944,856
 Other Loans 1,241,783
 TOTAL LOANS 2,268,749
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,199
 Land And Building 0
 Other Fixed Assets 15,766
 NCUSIF Deposit 117,589
 All Other Assets 653,751
  TOTAL ASSETS 12,223,628
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -125,790
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,721,410
 Regular shares 4,826,813
 All Other Shares & Deposits 4,702,905
  TOTAL SHARES & DEPOSITS 11,251,128
  TOTAL LIABILITIES 11,125,338
 Regular Reserve 666,750
 Other Reserves 0
 Undivided Earnings 431,540
  TOTAL EQUITY 1,098,290
  TOTAL LIABILITIES, SHARES, & EQUITY 12,223,628
INCOME & EXPENSE  
 Loan Income 187,532
 Investment Income 206,604
 Other Income 18,040
 Total Employee Compensation & Benefits 225,649
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 373,150
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -32,575
 Cost of Funds 22,426
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -160,279
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