Credit Unions | Washington DC Credit Unions

Clara Barton Federal Credit Union:

Clara Barton Federal Credit Union was chartered in 1951 and its charter number is 7308. Clara Barton Federal Credit Union's address registered with the NCUA is 2025 E STREET, NW, WASHINGTON, DC 20006. As of 10/24/06, Clara Barton FCU reported $6,780,075 in assets. The credit union currently has 2,895 members. It's Manager/CEO is Joseph Amellio. The credit unions website is www.clarabartonfcu.org

Clara Barton Federal Credit Union is a member of the District of Columbia Credit Union League.

Clara Barton Credit Union Financial Evaluation

As of December 31, 2006
Total Assets: $6,705,536
Total Loans: $5,464,916
Net Worth Ratio: 7.48
% Share Growth: -12.44
% Loan Growth: 20.84
Loans/Assets Ratio: 81.49
Investment/Assets Ratio: 17.28
Number of Members: 2,895
Number of Full-time Employees: 4

In the year of 2006, Clara Barton Credit Union assets increased by 0.01% and its membership increased by 0.01%. Clara Barton CU's membership increased by a total of 15 members. Assets increased by the amount of $45,048. The total loan amounts went from $4,522,433 in 2005 to $5,464,916 in 2006. Their net worth ratio increased to 7.48. Clara Barton CU decreased their job opportunities to 4 by reducing 1 employee.

As of December 31, 2005
Total Assets: $6,660,488
Total Loans: $4,522,433
Net Worth Ratio: 7.34
% Share Growth: -3.32
% Loan Growth: 13.26
Loans/Assets Ratio: 67.89
Investment/Assets Ratio: 30.16
Number of Members: 2,880
Number of Full-time Employees: 5

In the year of 2005, Clara Barton Credit Union assets decreased by 0.02% and its membership decreased by 0.02%. Clara Barton CU's membership decreased by a total of 44 members. Assets decreased by the amount of $109,146. The total loan amounts went from $3,992,699 in 2004 to $4,522,433 in 2005. Their net worth ratio increased slightly to 7.34. Clara Barton CU increased their job opportunities to 5 by adding 1 employee.

As of December 31, 2004
Total Assets: $6,769,634
Total Loans: $3,992,699
Net Worth Ratio: 6.65
% Share Growth: -2.53
% Loan Growth: -5.16
Loans/Assets Ratio: 58.97
Investment/Assets Ratio: 38.7
Number of Members: 2,924
Number of Full-time Employees: 4

 
In Washington DC, this credit union competes with Navy Federal Credit Union, Pentagon Federal Credit Union, and other credit unions for your business.

 

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Credit Union News:

Letters
The Kansas City Star - Feb 16, 2008
Recent legislative activity has brought to light some misconceptions about credit unions. As president of the Kansas Credit Union Association, on behalf of the 113 Kansas credit unions and their member/owners, we want to provide a clear picture of credit unions and ensure potential legislative efforts do not have an adverse impact on the residents of Kansas.

Full Story: http://www.kansascity.com/business/story/492365.html

Trial targets alleged theft, cover-up at credit union
The Republican - Feb 8, 2008
SPRINGFIELD - The former top officer of an urban credit union siphoned $178,000 from members' accounts to cover negative balances in her and her husband's accounts, according to testimony in a federal embezzlement trial.

Full Story: http://www.masslive.com/news/republican/index.ssf?/base/news-2/1202462108136670.xml&coll=1

Denison man charged with Dallas area bank robberies
Sherman Herald Democrat - Feb 8, 2008
A federal grand jury in Dallas has returned an indictment charging Jim Wesley Davis, 56 of Denison with several bank and credit union robberies, some armed, in the Dallas area, announced U.S. Attorney Richard B. Roper of the Northern District of Texas.

Full Story: http://heralddemocrat.com/articles/2008/02/09/local_news/doc47ab17862a461164267013.txt


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