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I R E B FEDERAL CREDIT UNION

Mar, 31, 2022 — I R E B FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN, NY with 1 branch location and about $3.37 million in total assets. Opened 67 years ago in 1955, I R E B FEDERAL CREDIT UNION has about 310 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 7
BROOKLYN, NY 11201-3838
Phone:(718) 246-8238
Fax:(718) 246-3902
Website:n/a
Branches:1 branch locations
Members:310
Credit Union Type:Federal Credit Union
Charter Number:9952
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:$3,367,758
CEO/Manager:Andrew Rosenblatt
Chairperson:Louisa Battimelli

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 453,820
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 452,858
 Other Loans 11,147
 TOTAL LOANS 464,005
 (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 29,949
 All Other Assets 0
  TOTAL ASSETS 3,367,758
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 2,842,521
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,842,521
  TOTAL LIABILITIES 2,842,521
 Regular Reserve 0
 Other Reserves 194,715
 Undivided Earnings 330,522
  TOTAL EQUITY 525,237
  TOTAL LIABILITIES, SHARES, & EQUITY 3,367,758
INCOME & EXPENSE  
 Loan Income 13,083
 Investment Income 6,767
 Other Income 1,753
 Total Employee Compensation & Benefits 20,543
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 8,365
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,743
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -2,494
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