Credit Unions Near Me
National Credit Union Service Organization

SHELBY/BOLIVAR COUNTY FEDERAL CREDIT UNION

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

Call Report

Financial Summary

» See also Statement of Financial Condition
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

Other Credit Unions

ISSAQUENA COUNTY FEDERAL CREDIT UNION
PO BOX 87
MAYERSVILLE, MS 39113
MID DELTA FEDERAL CREDIT UNION
P O BOX 670
INDIANOLA, MS 38751
DELTA FEDERAL CREDIT UNION
2339 HIGHWAY 1 S
GREENVILLE, MS 38701-8337
MISSISSIPPI COLLEGE EMPLOYEES FEDERAL CREDIT UNION
200 Capitol St
CLINTON, MS 39056-4026
BRIGHTVIEW FEDERAL CREDIT UNION
713 S Pear Orchard Rd Ste 101
RIDGELAND, MS 39157-4823
VICKSWOOD FEDERAL CREDIT UNION
107 Thalweg Dr
VICKSBURG, MS 39183
VICKSBURG RAILROAD FEDERAL CREDIT UNION
2101 Cherry St
VICKSBURG, MS 39180-3805
ECM FEDERAL CREDIT UNION
665 Highland Colony Pkwy
RIDGELAND, MS 39157
EAGLE EXPRESS FEDERAL CREDIT UNION
567 S State St
JACKSON, MS 39201
MUTUAL CREDIT UNION
1604 Cherry St
VICKSBURG, MS 39180