Dec, 31, 2023 — IRON WORKERS FEDERAL CREDIT UNION is a federal credit union headquartered in PITTSBURGH, PA with 1 branch location and about $6.00 million in total assets. Opened 61 years ago in 1963, IRON WORKERS FEDERAL CREDIT UNION has about 3,460 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | IRON WORKERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 2201 Liberty Ave Ste 201 PITTSBURGH, PA 15222-4512 |
Phone: | (412) 471-1133 |
Fax: | (412) 471-1547 |
Website: | https://iwfcu.com |
Branches: | 1 branch locations |
Members: | 3,460 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 15797 |
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Membership Type: | Multiple common bond - Primarily primary and fabricated metals |
Corporate Credit Union: | No |
Year Opened: | 1963 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,995,995 |
CEO/Manager: | Jennifer A Vogt |
Chairperson: | Richard E Danko, Jr. |
ASSETS: | $ Amount |
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Cash & Equivalents | 248,935 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 480,103 |
Unsecured Loans | 619,402 |
Other Loans | 1,274,811 |
TOTAL LOANS | 2,374,316 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,894 |
Land And Building | 0 |
Other Fixed Assets | 7,780 |
NCUSIF Deposit | 61,498 |
All Other Assets | 8,000 |
TOTAL ASSETS | 5,995,995 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,072 |
Notes & Interest Payable | 127,805 |
Accounts Payable & Other Liabilities | 21,844 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 311,589 |
Regular shares | 4,726,377 |
All Other Shares & Deposits | 441,856 |
TOTAL SHARES & DEPOSITS | 5,479,822 |
TOTAL LIABILITIES | 5,630,543 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 365,452 |
TOTAL EQUITY | 365,452 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,995,995 |
INCOME & EXPENSE | |
Loan Income | 120,000 |
Investment Income | 111,399 |
Other Income | 31,203 |
Total Employee Compensation & Benefits | 103,406 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 182,259 |
Non-operating Income & (Expense) | -10,171 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 69,000 |
Cost of Funds | 9,249 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -90,413 |
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