Sep, 30, 2025 — GLENDALE FEDERAL CREDIT UNION is a federal credit union headquartered in GLENDALE, CA with 3 branch locations and about $100.94 million in total assets. Opened 75 years ago in 1951, GLENDALE FEDERAL CREDIT UNION has about 7,944 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GLENDALE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 500 E Wilson Ave GLENDALE, CA 91206 |
| Phone: | (818) 548-3976 |
| Fax: | (818) 545-7826 |
| Website: | https://www.glendalefcu.org |
| Branches: | 3 branch locations |
| Members: | 7,944 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7557 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $100,938,574 |
| CEO/Manager: | Ehab Nawar |
| Chairperson: | Donald Kreitz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,198,585 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 31,750,677 |
| Unsecured Loans | 5,407,332 |
| Other Loans | 21,210,350 |
| TOTAL LOANS | 58,368,359 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -189,712 |
| Land And Building | 3,183,988 |
| Other Fixed Assets | 170,161 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 783,030 |
| All Other Assets | 0 |
| TOTAL ASSETS | 100,938,574 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 613,216 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,668,989 |
| Regular shares | 37,283,212 |
| All Other Shares & Deposits | 37,299,742 |
| TOTAL SHARES & DEPOSITS | 88,251,944 |
| TOTAL LIABILITIES | 88,865,160 |
| Regular Reserve | 0 |
| Other Reserves | 1,011,689 |
| Undivided Earnings | 11,061,725 |
| TOTAL EQUITY | 12,073,414 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 100,938,574 |
| INCOME & EXPENSE | |
| Loan Income | 2,678,455 |
| Investment Income | 794,935 |
| Other Income | 228,823 |
| Total Employee Compensation & Benefits | 1,049,852 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,484,127 |
| Non-operating Income & (Expense) | 176,471 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 306,652 |
| Cost of Funds | 941,007 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 366,185 |
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