MOORE WEST FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.mwfcu.com for more information.
Dec, 31, 2023 — MOORE WEST FEDERAL CREDIT UNION is a federal credit union headquartered in SAN LEANDRO, CA with 1 branch location and about $11.62 million in total assets. Opened 42 years ago in 1982, MOORE WEST FEDERAL CREDIT UNION has about 808 members 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: | https://www.mwfcu.com |
| Branches: | 1 branch locations |
| Members: | 808 |
| 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: | $11,622,551 |
| CEO/Manager: | Christine L Petro |
| Chairperson: | Jim Miller |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 650,281 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 63,125 |
| Unsecured Loans | 935,256 |
| Other Loans | 1,183,100 |
| TOTAL LOANS | 2,181,481 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,866 |
| Land And Building | 0 |
| Other Fixed Assets | 14,866 |
| NCUSIF Deposit | 117,589 |
| All Other Assets | 0 |
| TOTAL ASSETS | 11,622,551 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -152,826 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,615,508 |
| Regular shares | 4,774,388 |
| All Other Shares & Deposits | 4,541,538 |
| TOTAL SHARES & DEPOSITS | 10,931,434 |
| TOTAL LIABILITIES | 10,778,608 |
| Regular Reserve | 0 |
| Other Reserves | 666,750 |
| Undivided Earnings | 177,193 |
| TOTAL EQUITY | 843,943 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 11,622,551 |
| INCOME & EXPENSE | |
| Loan Income | 37,734 |
| Investment Income | -36,950 |
| Other Income | 2,454 |
| Total Employee Compensation & Benefits | 49,852 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 209,136 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,333 |
| Cost of Funds | 3,312 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -254,347 |
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