Inland Motor Employees Federal Credit Union:

Inland Motor Employees Federal Credit Union was chartered in 1962 and its charter number is 14898. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Inland Motor Employees Federal Credit Union's address registered with the NCUA is P.O. BOX 3394, RADFORD, VA 24143. As of 10/30/06 Inland Motor Employees FCU reported $2,726,060 in assets. The credit union currenly has 943 members. It's Manager/CEO is Cindy G. Murphy. The credit unions website is no web address provided. Inland Motor Employees Federal Credit Union is a member of the Virginia Credit Union League.


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Inland Motor Employees Federal Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $3,141,839.00
Total Loans: $1,845,111.00
Net Worth Ratio: 13.18
% Share Growth: -2.71
% Loan Growth: -14.99
Loans/Assets Ratio: 58.72
Loans/Assets Ratio: 40.55
Numbers of Members: 875
Number of Full-time Employees: 2.5
 
As of December 31, 2005
Total Assets: $2,890,674.00
Total Loans: $1,538,065.00
Net Worth Ratio: 14.81
% Share Growth: -9.73
% Loan Growth: -16.64
Loans/Assets Ratio: 53.2
Loans/Assets Ratio: 46.16
Numbers of Members: 983
Number of Full-time Employees: 2.5
 
As of December 31, 2006
Total Assets: $2,581,292.00
Total Loans: $1,782,320.00
Net Worth Ratio: 17.4
% Share Growth: -17.33
% Loan Growth: 15.88
Loans/Assets Ratio: 69.04
Loans/Assets Ratio: 30.55
Numbers of Members: 931
Number of Full-time Employees: 2.5
 
 

 
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Credit Union News:

The dress down to raise some money
The Reporter - Feb 6, 2008
Borrowing an approach to "casual Fridays," Financial Resources Federal Credit Union established "Jeans Day Friday" in 2005 whereby on the last Friday of every month the credit union's employees are permitted to wear jeans by contributing at least $5 to a fund maintained by Financial Resources FCU Foundation for the benefit of an organization.

Full Story: http://www.nj.com/business/reporter/index.ssf?/base/business-0/120231752688370.xml&coll=13

Credit union to serve Hispanic workers
New Orleans Times-Picayune - Feb 17, 2008
The recently refurbished Mid-City strip shopping center that is home to Rock 'n' Bowl is about to get another unique tenant: an "all Latino" credit union office where every employee speaks Spanish and English and all documents are printed in both languages.

Full Story: http://www.nola.com/news/t-p/metro/index.ssf?/base/news-27/1203315686106280.xml&coll=1

First Florida Credit Union completes merger
BizJournals - Feb 6, 2008
First Florida Credit Union has completed a merger with the Department of Highway Safety and Motor Vehicles Credit Union (DHSMV CU).

Full Story: http://www.bizjournals.com/jacksonville/stories/2008/02/04/daily13.html?ana=from_rss


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