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MOORE WEST FEDERAL CREDIT UNION

Jun, 30, 2021 — MOORE WEST FEDERAL CREDIT UNION is a federal credit union headquartered in SAN LEANDRO, CA with 1 branch location and about $13.01 million in total assets. Opened 39 years ago in 1982, MOORE WEST FEDERAL CREDIT UNION has about 890 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:890
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$13,012,839
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 877,319
TOTAL INVESTMENTS 8,966,011
Loans Held for Sale 0
 
 Real Estate Loans 160,852
 Unsecured Loans 1,010,746
 Other Loans 1,196,272
 TOTAL LOANS 2,367,870
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -32,816
 Land And Building 0
 Other Fixed Assets 17,566
 NCUSIF Deposit 117,589
 All Other Assets 699,300
  TOTAL ASSETS 13,012,839
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -114,894
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,798,057
 Regular shares 5,106,175
 All Other Shares & Deposits 5,026,986
  TOTAL SHARES & DEPOSITS 11,931,218
  TOTAL LIABILITIES 11,816,324
 Regular Reserve 666,750
 Other Reserves 0
 Undivided Earnings 529,765
  TOTAL EQUITY 1,196,515
  TOTAL LIABILITIES, SHARES, & EQUITY 13,012,839
INCOME & EXPENSE  
 Loan Income 104,319
 Investment Income 114,801
 Other Income 9,567
 Total Employee Compensation & Benefits 114,442
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 185,159
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -12,211
 Cost of Funds 12,190
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -62,057
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