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INTERNAL REVENUE EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — INTERNAL REVENUE EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in GREENSBORO, NC with 1 branch location and about $12.47 million in total assets. Opened 86 years ago in 1940, INTERNAL REVENUE EMPLOYEES FEDERAL CREDIT UNION has about 727 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:INTERNAL REVENUE EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
4905 Koger Blvd
GREENSBORO, NC 27407
Phone:(336) 852-7511
Fax:(336) 852-7212
Website:https://www.irefcuncsc.com
Branches:1 branch locations
Members:727
Credit Union Type:Federal Credit Union
Charter Number:3685
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1940
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$12,473,009
CEO/Manager:LaDawn Atkinson
Chairperson:Timothy Driscoll

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 508,238
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 928,457
 Unsecured Loans 448,990
 Other Loans 1,604,798
 TOTAL LOANS 2,982,245
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -15,849
 Land And Building 0
 Other Fixed Assets 5,596
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 95,960
 All Other Assets 0
  TOTAL ASSETS 12,473,009
LIABILITIES & CAPITAL:  
 Dividends Payable 50,524
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,205
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,164,351
 All Other Shares & Deposits 699,825
  TOTAL SHARES & DEPOSITS 8,864,177
  TOTAL LIABILITIES 8,919,906
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,553,103
  TOTAL EQUITY 3,553,103
  TOTAL LIABILITIES, SHARES, & EQUITY 12,473,009
INCOME & EXPENSE  
 Loan Income 119,600
 Investment Income 285,160
 Other Income 3,321
 Total Employee Compensation & Benefits 117,131
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 80,913
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 135,433
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 74,604
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