Dec, 31, 2023 — EP FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 4 branch locations and about $73.72 million in total assets. Opened 89 years ago in 1935, EP FEDERAL CREDIT UNION has about 4,518 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EP FEDERAL CREDIT UNION |
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Address: (Main Office) | 301 13th Street SW RM 215A WASHINGTON, DC 20228-0001 |
Phone: | (202) 318-1991 |
Fax: | (202) 991-6967 |
Website: | https://www.epfcu.org |
Branches: | 4 branch locations |
Members: | 4,518 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 262 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $73,721,385 |
CEO/Manager: | Ron Schneeberger |
Chairperson: | Gregory Boutin |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,727,672 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 26,770,880 |
Unsecured Loans | 4,690,835 |
Other Loans | 11,157,964 |
TOTAL LOANS | 42,619,679 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -137,656 |
Land And Building | 0 |
Other Fixed Assets | 81,921 |
NCUSIF Deposit | 685,108 |
All Other Assets | 0 |
TOTAL ASSETS | 73,721,385 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 962,702 |
Accounts Payable & Other Liabilities | 319,049 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 17,449,447 |
Regular shares | 33,032,694 |
All Other Shares & Deposits | 18,572,636 |
TOTAL SHARES & DEPOSITS | 69,054,777 |
TOTAL LIABILITIES | 70,336,528 |
Regular Reserve | 0 |
Other Reserves | -2,281,169 |
Undivided Earnings | 5,666,026 |
TOTAL EQUITY | 3,384,857 |
TOTAL LIABILITIES, SHARES, & EQUITY | 73,721,385 |
INCOME & EXPENSE | |
Loan Income | 2,152,386 |
Investment Income | 465,026 |
Other Income | 441,718 |
Total Employee Compensation & Benefits | 1,406,465 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,497,490 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 73,716 |
Cost of Funds | 385,603 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 114,255 |
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