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DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION

Mar, 31, 2022 — DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 2 branch locations and about $258.42 million in total assets. Opened 87 years ago in 1935, DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION has about 20,857 members and employs 39 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 254074442
Name:DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION
Address:
(Main Office)
1849 C ST NW RM B038
WASHINGTON, DC 20240
Phone:(202) 208-3936
Fax:(202) 219-9326
Website:http://www.interiorfcu.org
Branches:2 branch locations
Members:20,857
Credit Union Type:Federal Credit Union
Charter Number:319
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1935
Last Audited:Jun 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$258,416,941
CEO/Manager:Michael Merryman
Chairperson:Mark Davis

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 16,917,658
TOTAL INVESTMENTS 0
Loans Held for Sale 1,987,553
 
 Real Estate Loans 132,602,490
 Unsecured Loans 47,577,731
 Other Loans 23,917,061
 TOTAL LOANS 204,097,282
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,050,011
 Land And Building 0
 Other Fixed Assets 227,578
 NCUSIF Deposit 2,084,026
 All Other Assets 161,093
  TOTAL ASSETS 258,416,941
LIABILITIES & CAPITAL:  
 Dividends Payable 97,946
 Notes & Interest Payable 9,208,147
 Accounts Payable & Other Liabilities 1,958,848
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 40,366,718
 Regular shares 69,096,679
 All Other Shares & Deposits 117,204,953
  TOTAL SHARES & DEPOSITS 226,668,350
  TOTAL LIABILITIES 237,933,291
 Regular Reserve 0
 Other Reserves -237,122
 Undivided Earnings 20,720,772
  TOTAL EQUITY 20,483,650
  TOTAL LIABILITIES, SHARES, & EQUITY 258,416,941
INCOME & EXPENSE  
 Loan Income 2,249,314
 Investment Income 106,531
 Other Income 251,833
 Total Employee Compensation & Benefits 1,125,009
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,077,613
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 106,838
 Cost of Funds 329,723
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 484,890
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