BELLE RIVER COMMUNITY CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.brccu.com for more information.
Dec, 31, 2023 — BELLE RIVER COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in RICHMOND, MI with 1 branch location and about $28.31 million in total assets. Opened 88 years ago in 1936, BELLE RIVER COMMUNITY CREDIT UNION has about 1,746 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BELLE RIVER COMMUNITY CREDIT UNION |
---|---|
Address: (Main Office) | P.O. BOX 159 RICHMOND, MI 48062 |
Phone: | (586) 727-6855 |
Fax: | (586) 727-7460 |
Website: | https://www.brccu.com |
Branches: | 1 branch locations |
Members: | 1,746 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62342 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Dec 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $28,305,991 |
CEO/Manager: | Victoria McIntosh L McIntosh |
Chairperson: | Ronald Lathrop |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 4,503,501 |
TOTAL INVESTMENTS | 18,645,000 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,382,687 |
Unsecured Loans | 162,574 |
Other Loans | 2,874,402 |
TOTAL LOANS | 4,419,663 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,378 |
Land And Building | 430,550 |
Other Fixed Assets | 16,588 |
NCUSIF Deposit | 221,025 |
All Other Assets | 82,042 |
TOTAL ASSETS | 28,305,991 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 65,609 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,630,211 |
Regular shares | 16,538,032 |
All Other Shares & Deposits | 4,025,948 |
TOTAL SHARES & DEPOSITS | 26,194,191 |
TOTAL LIABILITIES | 26,259,800 |
Regular Reserve | 497,769 |
Other Reserves | 0 |
Undivided Earnings | 1,548,422 |
TOTAL EQUITY | 2,046,191 |
TOTAL LIABILITIES, SHARES, & EQUITY | 28,305,991 |
INCOME & EXPENSE | |
Loan Income | 184,747 |
Investment Income | 140,991 |
Other Income | 71,266 |
Total Employee Compensation & Benefits | 277,829 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 337,741 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 200 |
Cost of Funds | 15,241 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -182,660 |
↑ Back to Top |