Sep, 30, 2025 — CARIBE FEDERAL CREDIT UNION is a federal credit union headquartered in GUAYNABO, PR with 7 branch locations and about $750.56 million in total assets. Opened 75 years ago in 1951, CARIBE FEDERAL CREDIT UNION has about 64,492 members and employs 165 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CARIBE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 10A Carr 838 Esq 199 GUAYNABO, PR 00969 |
| Phone: | (787) 474-5151 |
| Fax: | (787) 705-9030 |
| Website: | https://www.caribefederal.com |
| Branches: | 7 branch locations |
| Members: | 64,492 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7345 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $750,559,993 |
| CEO/Manager: | Jorge R Menendez |
| Chairperson: | Benito I Rodriguez |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 15,069,670 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 53,573,081 |
| Unsecured Loans | 235,322,285 |
| Other Loans | 328,162,164 |
| TOTAL LOANS | 617,057,530 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -32,513,134 |
| Land And Building | 10,277,544 |
| Other Fixed Assets | 1,224,595 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,897,128 |
| All Other Assets | 1,147,808 |
| TOTAL ASSETS | 750,559,993 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 329,925 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 8,113,112 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 34,508,930 |
| Regular shares | 382,993,908 |
| All Other Shares & Deposits | 248,061,380 |
| TOTAL SHARES & DEPOSITS | 665,564,218 |
| TOTAL LIABILITIES | 674,155,521 |
| Regular Reserve | 0 |
| Other Reserves | 2,078,503 |
| Undivided Earnings | 74,325,969 |
| TOTAL EQUITY | 76,404,472 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 750,559,993 |
| INCOME & EXPENSE | |
| Loan Income | 34,566,688 |
| Investment Income | 4,866,218 |
| Other Income | 606,813 |
| Total Employee Compensation & Benefits | 6,582,570 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 6,065,822 |
| Non-operating Income & (Expense) | 1,149,483 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 13,101,964 |
| Cost of Funds | 8,006,919 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,520,014 |
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