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MOORE WEST FEDERAL CREDIT UNION

Mar, 31, 2022 — 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 40 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:http://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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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