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FLORIDA WEST COAST CREDIT UNION

Jun, 30, 2021 — FLORIDA WEST COAST CREDIT UNION is a federally insured state chartered credit union headquartered in BRANDON, FL with 5 branch locations and about $123.37 million in total assets. Opened 30 years ago in 1991, FLORIDA WEST COAST CREDIT UNION has about 10,303 members and employs 28 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: 263182833
Name:FLORIDA WEST COAST CREDIT UNION
Address:
(Main Office)
1225 MILLENNIUM PARKWAY
BRANDON, FL 33511
Phone:(813) 643-5572
Fax:(813) 685-5202
Website:http://fwccu.com
Branches:5 branch locations
Members:10,303
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67337
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1991
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$123,374,755
CEO/Manager:MARY O WOOD
Chairperson:NANCY MILLAN

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 25,026,338
TOTAL INVESTMENTS 43,888,869
Loans Held for Sale 0
 
 Real Estate Loans 6,801,874
 Unsecured Loans 5,576,501
 Other Loans 38,978,184
 TOTAL LOANS 51,356,559
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -507,476
 Land And Building 876,244
 Other Fixed Assets 168,629
 NCUSIF Deposit 991,290
 All Other Assets 1,574,302
  TOTAL ASSETS 123,374,755
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,153,558
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 22,960,259
 Regular shares 43,790,805
 All Other Shares & Deposits 42,024,553
  TOTAL SHARES & DEPOSITS 108,775,617
  TOTAL LIABILITIES 110,929,175
 Regular Reserve 1,205,193
 Other Reserves 133,426
 Undivided Earnings 11,106,961
  TOTAL EQUITY 12,445,580
  TOTAL LIABILITIES, SHARES, & EQUITY 123,374,755
INCOME & EXPENSE  
 Loan Income 1,123,240
 Investment Income 304,851
 Other Income 692,214
 Total Employee Compensation & Benefits 956,355
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 861,076
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 40,146
 Cost of Funds 135,355
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 209,010
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