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ARLINGTON MUNICIPAL FEDERAL CREDIT UNION

Jun, 30, 2021 — ARLINGTON MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in ARLINGTON, MA with 1 branch location and about $10.42 million in total assets. Opened 67 years ago in 1954, ARLINGTON MUNICIPAL FEDERAL CREDIT UNION has about 930 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:ARLINGTON MUNICIPAL FEDERAL CREDIT UNION
Address:
(Main Office)
730 MASSACHUSETTS AVE.
ARLINGTON, MA 02476
Phone:(781) 316-3144
Fax:(781) 316-3149
Website:http://www.arlfcu.org
Branches:1 branch locations
Members:930
Credit Union Type:Federal Credit Union
Charter Number:9805
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1954
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$10,418,779
CEO/Manager:Robert F Mahoney
Chairperson:Marie Krepelka

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,013,360
TOTAL INVESTMENTS 235,300
Loans Held for Sale 0
 
 Real Estate Loans 3,137,856
 Unsecured Loans 699,511
 Other Loans 1,275,387
 TOTAL LOANS 5,112,754
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -69,707
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 81,238
 All Other Assets 1,045,834
  TOTAL ASSETS 10,418,779
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 28,020
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,092,102
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 8,092,102
  TOTAL LIABILITIES 8,120,122
 Regular Reserve 268,889
 Other Reserves 0
 Undivided Earnings 2,029,768
  TOTAL EQUITY 2,298,657
  TOTAL LIABILITIES, SHARES, & EQUITY 10,418,779
INCOME & EXPENSE  
 Loan Income 138,229
 Investment Income 9,387
 Other Income 251
 Total Employee Compensation & Benefits 61,608
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 32,650
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,979
 Cost of Funds 7,970
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 40,660
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