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INTERNATIONAL UAW FEDERAL CREDIT UNION

Mar, 31, 2022 — INTERNATIONAL UAW FEDERAL CREDIT UNION is a federal credit union headquartered in DETROIT, MI with 1 branch location and about $25.80 million in total assets. Opened 78 years ago in 1944, INTERNATIONAL UAW FEDERAL CREDIT UNION has about 2,507 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:INTERNATIONAL UAW FEDERAL CREDIT UNION
Address:
(Main Office)
8000 E Jefferson Ave
DETROIT, MI 48214-3963
Phone:(313) 926-5281
Fax:(313) 926-5253
Website:http://www.iuawfcu.com
Branches:1 branch locations
Members:2,507
Credit Union Type:Federal Credit Union
Charter Number:5123
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1944
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$25,795,983
CEO/Manager:Fabian A Ellis
Chairperson:John T Rucker

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,502,704
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,457,958
 Unsecured Loans 2,164,238
 Other Loans 3,006,182
 TOTAL LOANS 8,628,378
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -62,458
 Land And Building 0
 Other Fixed Assets 1,011
 NCUSIF Deposit 200,222
 All Other Assets 0
  TOTAL ASSETS 25,795,983
LIABILITIES & CAPITAL:  
 Dividends Payable 4,682
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 540,162
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,271,927
 Regular shares 10,480,008
 All Other Shares & Deposits 7,675,247
  TOTAL SHARES & DEPOSITS 22,427,182
  TOTAL LIABILITIES 22,972,026
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,823,957
  TOTAL EQUITY 2,823,957
  TOTAL LIABILITIES, SHARES, & EQUITY 25,795,983
INCOME & EXPENSE  
 Loan Income 108,451
 Investment Income 60,535
 Other Income 18,401
 Total Employee Compensation & Benefits 65,249
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 100,614
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,562
 Cost of Funds 8,413
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 12,818
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