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MOORE WEST FEDERAL CREDIT UNION

Mar, 31, 2021 — MOORE WEST FEDERAL CREDIT UNION is a federal credit union headquartered in SAN LEANDRO, CA with 1 branch location and about $13.43 million in total assets. Opened 39 years ago in 1982, MOORE WEST FEDERAL CREDIT UNION has about 913 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:913
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:$13,429,729
CEO/Manager:Laura J Keyes
Chairperson:Jim Miller

Call Report

  • Overdraft Lines of Credit
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,226,190
TOTAL INVESTMENTS 8,965,011
Loans Held for Sale 0
 
 Real Estate Loans 222,496
 Unsecured Loans 962,941
 Other Loans 1,231,482
 TOTAL LOANS 2,416,919
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -34,691
 Land And Building 0
 Other Fixed Assets 18,466
 NCUSIF Deposit 124,129
 All Other Assets 713,705
  TOTAL ASSETS 13,429,729
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -116,819
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,921,796
 Regular shares 5,225,385
 All Other Shares & Deposits 5,165,804
  TOTAL SHARES & DEPOSITS 12,312,985
  TOTAL LIABILITIES 12,196,166
 Regular Reserve 666,750
 Other Reserves 0
 Undivided Earnings 566,813
  TOTAL EQUITY 1,233,563
  TOTAL LIABILITIES, SHARES, & EQUITY 13,429,729
INCOME & EXPENSE  
 Loan Income 54,178
 Investment Income 56,410
 Other Income 5,145
 Total Employee Compensation & Benefits 56,661
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 92,746
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -10,190
 Cost of Funds 6,418
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -25,008
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