Jun, 30, 2024 — I R E B FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN, NY with 1 branch location and about $3.33 million in total assets. Opened 69 years ago in 1955, I R E B FEDERAL CREDIT UNION has about 302 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 |
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Address: (Main Office) | 2 Metrotech Ctr Fl 7 BROOKLYN, NY 11201-3838 |
Phone: | (718) 246-8238 |
Fax: | (718) 246-3902 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 302 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9952 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Mar 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,325,755 |
CEO/Manager: | Andrew Rosenblatt |
Chairperson: | Louisa Battimelli |
ASSETS: | $ Amount |
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Cash & Equivalents | 331,459 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 461,619 |
Other Loans | 9,679 |
TOTAL LOANS | 471,298 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -30,504 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 28,096 |
All Other Assets | 0 |
TOTAL ASSETS | 3,325,755 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,806,791 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 2,806,791 |
TOTAL LIABILITIES | 2,806,791 |
Regular Reserve | 0 |
Other Reserves | 194,715 |
Undivided Earnings | 324,249 |
TOTAL EQUITY | 518,964 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,325,755 |
INCOME & EXPENSE | |
Loan Income | 40,932 |
Investment Income | 21,653 |
Other Income | 5,314 |
Total Employee Compensation & Benefits | 61,022 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 23,507 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 5,275 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -8,769 |
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