Dec, 31, 2023 — BREWSTER FEDERAL CREDIT UNION is a federal credit union headquartered in BREWSTER, OH with 1 branch location and about $31.32 million in total assets. Opened 68 years ago in 1956, BREWSTER FEDERAL CREDIT UNION has about 2,927 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BREWSTER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 105 Wabash Ave S BREWSTER, OH 44613 |
| Phone: | (330) 767-4345 |
| Fax: | (330) 767-4666 |
| Website: | https://www.brewsterfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,927 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11445 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $31,315,135 |
| CEO/Manager: | Joanne L Smith |
| Chairperson: | Greg J Remenaric |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,964,302 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,033,076 |
| Unsecured Loans | 862,266 |
| Other Loans | 12,036,762 |
| TOTAL LOANS | 13,968,128 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -131,376 |
| Land And Building | 214,261 |
| Other Fixed Assets | 44,171 |
| NCUSIF Deposit | 276,287 |
| All Other Assets | 0 |
| TOTAL ASSETS | 31,315,135 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 268,365 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,099,281 |
| Regular shares | 18,415,954 |
| All Other Shares & Deposits | 1,003,761 |
| TOTAL SHARES & DEPOSITS | 26,518,997 |
| TOTAL LIABILITIES | 26,787,362 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 4,527,773 |
| TOTAL EQUITY | 4,527,773 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 31,315,135 |
| INCOME & EXPENSE | |
| Loan Income | 740,911 |
| Investment Income | 391,305 |
| Other Income | 252,294 |
| Total Employee Compensation & Benefits | 514,471 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 534,287 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 62,198 |
| Cost of Funds | 17,785 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 453,591 |
| ↑ Back to Top | |