ELECTRICIANS' LOCAL 349 Credit Union Profile

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ELECTRICIANS' LOCAL 349

Charter #67338 | NCUA Region 2 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (305) 325-0511

Fax: (305) 326-1342

Founding Date: N/A

Website: http://www.local349cu.org

Personnel & Operations

President: Sweeney, Arthur

Manager: Wright, Angela

FT Employees: 2

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: MONDAY-FRIDAY 8:30-4:30

Credit Union Profile Summary

ELECTRICIANS' LOCAL 349 is a FISCU Credit Union. With a total of 626 members [1], this institution manages approximately $4,811,663 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 19.98% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -8.72% [1].

Financial Snapshot

Total Assets [1]
$4,811,663

Total economic resources.

Total Loans [1]
$1,158,618

Total value of outstanding loans.

Total Deposits [1]
$3,839,374

Total funds deposited by members.

Members [1]
626

Number of active members.

Performance Ratios

Net Worth Ratio [1]
19.98%

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]
1.19%

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

Loan-to-Share Ratio [1]
30.18%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -5.65%

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

Loan Growth (4Q) [1]
↓ -8.72%

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

Member Growth (4Q) [1]
↓ -4.57%

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

Headquarters Location & Map

Headquarters Address

1657 NW 17TH AVE

MIAMI, FL, 33125
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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 ELECTRICIANS' LOCAL 349 (Charter #67338).

Main Office

Electricians Local 349 CU Main Office

Type: Corporate Office

1657 NW 17th Ave

Miami, FL 33125

Phone: (305) 325-0511

Services: Member Services

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