Sep, 30, 2025 — I R E B FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN, NY with 1 branch location and about $2.70 million in total assets. Opened 71 years ago in 1955, I R E B FEDERAL CREDIT UNION has about 245 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: | I R E B FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2 Metrotech Ctr Fl 6 BROOKLYN, NY 11201-3838 |
| Phone: | (718) 246-8238 |
| Fax: | (718) 246-3902 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 245 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9952 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Jan 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,702,483 |
| CEO/Manager: | Andrew Rosenblatt |
| Chairperson: | Louisa Battimelli |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 272,917 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 324,290 |
| Other Loans | 0 |
| TOTAL LOANS | 324,290 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,881 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 22,333 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,702,483 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -340 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,224,566 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,224,566 |
| TOTAL LIABILITIES | 2,224,226 |
| Regular Reserve | 0 |
| Other Reserves | 194,715 |
| Undivided Earnings | 283,542 |
| TOTAL EQUITY | 478,257 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,702,483 |
| INCOME & EXPENSE | |
| Loan Income | 35,392 |
| Investment Income | 35,059 |
| Other Income | 6,430 |
| Total Employee Compensation & Benefits | 42,125 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 34,654 |
| Non-operating Income & (Expense) | 8,748 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 17,806 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -8,956 |
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