Dec, 31, 2023 — SHELBY/BOLIVAR COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in BOYLE, MS with 1 branch location and about $4.06 million in total assets. Opened 69 years ago in 1955, SHELBY/BOLIVAR COUNTY FEDERAL CREDIT UNION has about 2,192 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SHELBY/BOLIVAR COUNTY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 630 Gaines Hwy BOYLE, MS 38730 |
Phone: | (662) 843-0060 |
Fax: | (662) 843-6556 |
Website: | https://www.shelbycu.org |
Branches: | 1 branch locations |
Members: | 2,192 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9974 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Feb 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,061,623 |
CEO/Manager: | Barbara B Black |
Chairperson: | Robert Scott |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,394,060 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 249,757 |
Other Loans | 1,037,778 |
TOTAL LOANS | 1,287,535 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,904 |
Land And Building | 30,832 |
Other Fixed Assets | 9,229 |
NCUSIF Deposit | 32,465 |
All Other Assets | 0 |
TOTAL ASSETS | 4,061,623 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 15,527 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 57,900 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,607,945 |
All Other Shares & Deposits | 548,437 |
TOTAL SHARES & DEPOSITS | 3,156,382 |
TOTAL LIABILITIES | 3,229,809 |
Regular Reserve | 0 |
Other Reserves | 12,074 |
Undivided Earnings | 819,740 |
TOTAL EQUITY | 831,814 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,061,623 |
INCOME & EXPENSE | |
Loan Income | 140,619 |
Investment Income | 91,411 |
Other Income | 86,163 |
Total Employee Compensation & Benefits | 97,345 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 78,794 |
Non-operating Income & (Expense) | -100 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 19,926 |
Cost of Funds | 16,305 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 107,271 |
↑ Back to Top |