Credit Unions Near Me
National Credit Union Service Organization

LU 354 I B E W FEDERAL CREDIT UNION

Jun, 30, 2021 — LU 354 I B E W FEDERAL CREDIT UNION is a federal credit union headquartered in SALT LAKE CITY, UT with 1 branch location and about $32.42 million in total assets. Opened 67 years ago in 1954, LU 354 I B E W FEDERAL CREDIT UNION has about 2,642 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LU 354 I B E W FEDERAL CREDIT UNION
Address:
(Main Office)
3405 W 1987 S
SALT LAKE CITY, UT 84104-4942
Phone:(801) 975-9693
Fax:(801) 975-9698
Website:http://www.ibewfcu.org
Branches:1 branch locations
Members:2,642
Credit Union Type:Federal Credit Union
Charter Number:9398
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1954
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$32,416,620
CEO/Manager:Linda J Perschon
Chairperson:James Starkie

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,384,968
TOTAL INVESTMENTS 6,115,119
Loans Held for Sale 0
 
 Real Estate Loans 3,097,587
 Unsecured Loans 590,273
 Other Loans 20,930,917
 TOTAL LOANS 24,618,777
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -102,770
 Land And Building 0
 Other Fixed Assets 25,656
 NCUSIF Deposit 251,408
 All Other Assets 123,462
  TOTAL ASSETS 32,416,620
LIABILITIES & CAPITAL:  
 Dividends Payable 11,669
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 27,901
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,602,729
 Regular shares 10,033,684
 All Other Shares & Deposits 14,525,781
  TOTAL SHARES & DEPOSITS 28,162,194
  TOTAL LIABILITIES 28,201,764
 Regular Reserve 638,591
 Other Reserves 120,311
 Undivided Earnings 3,455,954
  TOTAL EQUITY 4,214,856
  TOTAL LIABILITIES, SHARES, & EQUITY 32,416,620
INCOME & EXPENSE  
 Loan Income 513,212
 Investment Income 47,584
 Other Income 27,637
 Total Employee Compensation & Benefits 196,706
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 194,605
 Non-operating Income & (Expense) -77
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 81,565
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 195,548
↑ Back to Top

Other Credit Unions

MEADOW GOLD EMPLOYEES CREDIT UNION
3691 W 1987 S
SALT LAKE CITY, UT 84104
GIBBONS AND REED EMPLOYEES FEDERAL CREDIT UNION
PO BOX 30429
SALT LAKE CITY, UT 84130
TANNER EMPLOYEES CREDIT UNION
1865 South Main St ste 2
SALT LAKE CITY, UT 84115-2377
VAREX FEDERAL CREDIT UNION
1678 PIONEER RD
SALT LAKE CITY, UT 84104-4205
P & S CREDIT UNION
2250 S REDWOOD RD STE 6
SALT LAKE CITY, UT 84119-1356
UTAH FEDERAL CREDIT UNION
564 E 300 S
SALT LAKE CITY, UT 84102
NATIONAL J. A. C. L. CREDIT UNION
3776 S HIGHLAND DR
SALT LAKE CITY, UT 84106-3270
FIREFIGHTERS CREDIT UNION
124 W 1400 S Ste 101
SALT LAKE CITY, UT 84115-5201
HERCULES FIRST FEDERAL CREDIT UNION
3141 W 4700 S
SALT LAKE CITY, UT 84129-2525
TRANSWEST CREDIT UNION
37 W 1700 S
SALT LAKE CITY, UT 84115