Credit Unions | Washington DC Credit Unions

Tacomis Federal Credit Union:

Tacomis Federal Credit Union was chartered in 1935 and its charter number is 149. Tacomis Federal Credit Union's address registered with the NCUA is 500 E STREET, SW, WASHINGTON, DC 20436. As of 11/01/06, Tacomis FCU reported $2,418,466 in assets. The credit union currently has 356 members. It's Manager/CEO is Stephen Burket. The credit unions website is No Web Address Provided

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

Tacomis Credit Union Financial Evaluation

As of December 31, 2006
Total Assets: $2,339,098
Total Loans: $713,407
Net Worth Ratio: 11.91
% Share Growth: -2.7
% Loan Growth: -9.15
Loans/Assets Ratio: 30.49
Investment/Assets Ratio: 69.11
Number of Members: 355
Number of Full-time Employees: 2

In the year of 2006, Tacomis Credit Union assets decreased by 0.02% and its membership decreased by 0.06%. Tacomis CU's membership decreased by a total of 21 members. Assets decreased by the amount of $36,646. The total loan amounts went from $785,301 in 2005 to $713,407 in 2006. Their net worth ratio increased to 11.91. Tacomis CU maintained their job opportunities at 2.

As of December 31, 2005
Total Assets: $2,375,744
Total Loans: $785,301
Net Worth Ratio: 11.16
% Share Growth: -14.14
% Loan Growth: -4.43
Loans/Assets Ratio: 33.05
Investment/Assets Ratio: 66.13
Number of Members: 376
Number of Full-time Employees: 2

In the year of 2005, Tacomis Credit Union assets decreased by 0.12% and its membership decreased by 0.02%. Tacomis CU's membership decreased by a total of 9 members. Assets decreased by the amount of $321,286. The total loan amounts went from $821,716 in 2004 to $785,301 in 2005. Their net worth ratio increased slightly to 11.16. Tacomis CU maintained their job opportunities at 2.

As of December 31, 2004
Total Assets: $2,697,030
Total Loans: $821,716
Net Worth Ratio: 9.28
% Share Growth: -4.07
% Loan Growth: -15.94
Loans/Assets Ratio: 30.46
Investment/Assets Ratio: 69.09
Number of Members: 385
Number of Full-time Employees: 2

 
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:

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

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

Cops look for gunman who robbed credit union
Northwest Indiana Times - Feb 2, 2008
WINFIELD | The FBI and Lake County police are looking for a man who robbed Members Advantage Credit Union at gunpoint. FBI spokeswoman Wendy Osborne said agents and police are investigating whether the suspect is one of two men who robbed the same financial institution last month.

Full Story: http://www.thetimesonline.com/articles/2008/02/03/news/lake_county/docce2aed86522fce16862573e4000d12ab.txt


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