Dec, 31, 2021 — TRANSPORTATION FEDERAL CREDIT UNION is a federal credit union headquartered in ALEXANDRIA, VA with 4 branch locations and about $288.66 million in total assets. Opened 83 years ago in 1939, TRANSPORTATION FEDERAL CREDIT UNION has about 20,801 members and employs 43 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TRANSPORTATION FEDERAL CREDIT UNION |
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Address: (Main Office) | 1600 Cameron St ALEXANDRIA, VA 22314 |
Phone: | (202) 366-9400 |
Fax: | (202) 385-6098 |
Website: | http://www.transfcu.com |
Branches: | 4 branch locations |
Members: | 20,801 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3140 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Dec 01, 2020 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $288,660,367 |
CEO/Manager: | Mary Jane M Neusaenger |
Chairperson: | Keith Washington |
ASSETS: | $ Amount |
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Cash & Equivalents | 36,822,053 |
TOTAL INVESTMENTS | 23,503,060 |
Loans Held for Sale | 0 |
Real Estate Loans | 136,749,194 |
Unsecured Loans | 26,651,521 |
Other Loans | 41,425,848 |
TOTAL LOANS | 204,826,563 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,233,511 |
Land And Building | 1,463,192 |
Other Fixed Assets | 191,328 |
NCUSIF Deposit | 2,439,023 |
All Other Assets | 21,648,659 |
TOTAL ASSETS | 288,660,367 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,078 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,604,894 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 59,271,493 |
Regular shares | 89,580,582 |
All Other Shares & Deposits | 113,217,401 |
TOTAL SHARES & DEPOSITS | 262,069,476 |
TOTAL LIABILITIES | 264,675,448 |
Regular Reserve | 2,175,438 |
Other Reserves | -2,855,842 |
Undivided Earnings | 24,665,323 |
TOTAL EQUITY | 23,984,919 |
TOTAL LIABILITIES, SHARES, & EQUITY | 288,660,367 |
INCOME & EXPENSE | |
Loan Income | 7,859,564 |
Investment Income | 380,136 |
Other Income | 823,606 |
Total Employee Compensation & Benefits | 4,410,915 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,445,484 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 383,111 |
Cost of Funds | 1,500,157 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 741,583 |
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