Dec, 31, 2023 — B.E.A. CREDIT UNION is a federally insured state chartered credit union headquartered in BETHALTO, IL with 0 branch location and about $2.97 million in total assets. Opened 70 years ago in 1954, B.E.A. CREDIT UNION has about 468 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | B.E.A. CREDIT UNION |
|---|---|
| Address: (Main Office) | 101 School St BETHALTO, IL 62010 |
| Phone: | (618) 377-3948 |
| Fax: | (618) 377-2702 |
| Website: | n/a |
| Branches: | 0 branch locations |
| Members: | 468 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65759 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,971,573 |
| CEO/Manager: | Joseph D Schoppet |
| Chairperson: | Stephen Lowrance |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 304,307 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 404,529 |
| Other Loans | 1,982,367 |
| TOTAL LOANS | 2,386,896 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -71,992 |
| Land And Building | 0 |
| Other Fixed Assets | 787 |
| NCUSIF Deposit | 24,878 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,971,573 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,766 |
| Notes & Interest Payable | 200,000 |
| Accounts Payable & Other Liabilities | 1,100 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,161,067 |
| All Other Shares & Deposits | 42 |
| TOTAL SHARES & DEPOSITS | 2,161,109 |
| TOTAL LIABILITIES | 2,365,975 |
| Regular Reserve | 0 |
| Other Reserves | 212,219 |
| Undivided Earnings | 393,379 |
| TOTAL EQUITY | 605,598 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,971,573 |
| INCOME & EXPENSE | |
| Loan Income | 122,272 |
| Investment Income | 14,131 |
| Other Income | 5,136 |
| Total Employee Compensation & Benefits | 44,914 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 47,223 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 22,274 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 30,514 |
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