Sep, 30, 2025 — ELECTRICIANS' LOCAL 349 CREDIT UNION is a federally insured state chartered credit union headquartered in MIAMI, FL with 1 branch location and about $4.85 million in total assets. Opened 79 years ago in 1947, ELECTRICIANS' LOCAL 349 CREDIT UNION has about 619 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: | ELECTRICIANS' LOCAL 349 CREDIT UNION |
|---|---|
| Address: (Main Office) | 1657 NW 17th Ave MIAMI, FL 33125 |
| Phone: | (305) 325-0511 |
| Fax: | (305) 326-1342 |
| Website: | https://www.local349cu.org |
| Branches: | 1 branch locations |
| Members: | 619 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67338 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,854,449 |
| CEO/Manager: | Angela L Wright |
| Chairperson: | Arthur Sweeney |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,190,716 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 140,720 |
| Other Loans | 1,006,559 |
| TOTAL LOANS | 1,147,279 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -39,189 |
| Land And Building | 0 |
| Other Fixed Assets | 777 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 34,157 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,854,449 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,215 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 8,931 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 260,874 |
| Regular shares | 3,601,239 |
| All Other Shares & Deposits | 1,005 |
| TOTAL SHARES & DEPOSITS | 3,863,117 |
| TOTAL LIABILITIES | 3,874,263 |
| Regular Reserve | 0 |
| Other Reserves | 331,379 |
| Undivided Earnings | 648,807 |
| TOTAL EQUITY | 980,186 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,854,449 |
| INCOME & EXPENSE | |
| Loan Income | 59,031 |
| Investment Income | 114,767 |
| Other Income | 10,913 |
| Total Employee Compensation & Benefits | 79,007 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 48,169 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,000 |
| Cost of Funds | 6,695 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 47,840 |
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