Jun, 30, 2024 — ASBURY FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 1 branch location and about $342,031 in total assets. Opened 80 years ago in 1945, ASBURY FEDERAL CREDIT UNION has about 193 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ASBURY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 926 11th St NW WASHINGTON, DC 20001-4408 |
| Phone: | (202) 783-3308 |
| Fax: | (202) 628-1969 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 193 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5227 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1945 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $342,031 |
| CEO/Manager: | Charlyn Bachemin |
| Chairperson: | Margaret A Carter |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 24,208 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 3,133 |
| Other Loans | 0 |
| TOTAL LOANS | 3,133 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,301 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 2,508 |
| All Other Assets | 0 |
| TOTAL ASSETS | 342,031 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 52 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 263,283 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 263,283 |
| TOTAL LIABILITIES | 263,335 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 78,696 |
| TOTAL EQUITY | 78,696 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 342,031 |
| INCOME & EXPENSE | |
| Loan Income | 217 |
| Investment Income | 1,822 |
| Other Income | 95 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,297 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 663 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -1,826 |
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