LOCAL 606 ELECTRICAL WORKERS Credit Union Profile

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LOCAL 606 ELECTRICAL WORKERS

Charter #16979 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (407) 896-4733

Fax: (407) 897-7274

Founding Date: N/A

Website: http://www.local606fcu.org

Personnel & Operations

President: SULLIVAN, JR, JAMES

Manager: SULLIVAN, JANICE

FT Employees: 2

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 02

Branches: 1

Hours: 12:30 PM - 4:30 PM MONDAY THRU FRIDAY

Credit Union Profile Summary

LOCAL 606 ELECTRICAL WORKERS is a FCU Credit Union. With a total of 408 members [1], this institution manages approximately $5,682,371 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 23.24% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 17.86% [1].

Financial Snapshot

Total Assets [1]
$5,682,371

Total economic resources.

Total Loans [1]
$1,468,433

Total value of outstanding loans.

Total Deposits [1]
$4,350,996

Total funds deposited by members.

Members [1]
408

Number of active members.

Performance Ratios

Net Worth Ratio [1]
23.24%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.27%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
33.75%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -0.24%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↑ 17.86%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -0.73%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

820 VIRGINIA DR

ORLANDO, FL, 32803-2530
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by LOCAL 606 ELECTRICAL WORKERS (Charter #16979).

Main Office

LOCAL 606 ELECTRICAL WORKERS FCU Main Office

Type: Corporate Office

820 VIRGINIA DR

Orlando, FL 32803-2530

Phone: (407) 896-4733

Services: Member Services

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