Dec, 31, 2023 — B E T FEDERAL CREDIT UNION is a federal credit union headquartered in YONKERS, NY with 1 branch location and about $7.13 million in total assets. Opened 84 years ago in 1940, B E T FEDERAL CREDIT UNION has about 471 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | B E T FEDERAL CREDIT UNION |
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Address: (Main Office) | 194 King Ave YONKERS, NY 10704 |
Phone: | (914) 963-1554 |
Fax: | (914) 963-1554 |
Website: | https://betcreditunion.com |
Branches: | 1 branch locations |
Members: | 471 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3653 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1940 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,134,478 |
CEO/Manager: | William Turner |
Chairperson: | Diane Murphy Marchetti |
ASSETS: | $ Amount |
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Cash & Equivalents | 452,415 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 309,712 |
Other Loans | 1,550,309 |
TOTAL LOANS | 1,860,021 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,209 |
Land And Building | 0 |
Other Fixed Assets | 1 |
NCUSIF Deposit | 71,215 |
All Other Assets | 0 |
TOTAL ASSETS | 7,134,478 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 60,509 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,815 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 6,416,956 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 6,416,956 |
TOTAL LIABILITIES | 6,480,280 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 654,198 |
TOTAL EQUITY | 654,198 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,134,478 |
INCOME & EXPENSE | |
Loan Income | 49,292 |
Investment Income | 143,359 |
Other Income | 48 |
Total Employee Compensation & Benefits | 37,658 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 30,695 |
Non-operating Income & (Expense) | 7,754 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 124,287 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 7,813 |
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