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GREENBELT FEDERAL CREDIT UNION

Sep, 30, 2025 — GREENBELT FEDERAL CREDIT UNION is a federal credit union headquartered in GREENBELT, MD with 1 branch location and about $37.21 million in total assets. Opened 89 years ago in 1937, GREENBELT FEDERAL CREDIT UNION has about 2,577 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GREENBELT FEDERAL CREDIT UNION
Address:
(Main Office)
112 CENTERWAY
GREENBELT, MD 20770
Phone:(301) 474-5900
Fax:(301) 513-0440
Website:https://greenbeltfcu.com
Branches:1 branch locations
Members:2,577
Credit Union Type:Federal Credit Union
Charter Number:2490
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1937
Last Audited:May 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$37,205,621
CEO/Manager:Nicole Velasquez
Chairperson:ED JAMES

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,396,851
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 6,617,912
 Unsecured Loans 1,287,668
 Other Loans 2,629,154
 TOTAL LOANS 10,534,734
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -68,411
 Land And Building 0
 Other Fixed Assets 45,541
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 334,661
 All Other Assets 0
  TOTAL ASSETS 37,205,621
LIABILITIES & CAPITAL:  
 Dividends Payable 4,794
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 51,527
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,823,153
 Regular shares 19,024,928
 All Other Shares & Deposits 6,859,454
  TOTAL SHARES & DEPOSITS 33,707,535
  TOTAL LIABILITIES 33,763,856
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,441,765
  TOTAL EQUITY 3,441,765
  TOTAL LIABILITIES, SHARES, & EQUITY 37,205,621
INCOME & EXPENSE  
 Loan Income 339,092
 Investment Income 139,684
 Other Income 106,194
 Total Employee Compensation & Benefits 251,435
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 300,701
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 16,199
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 16,635
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