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FAITH TABERNACLE BAPTIST FEDERAL CREDIT UNION

Dec, 31, 2020 — FAITH TABERNACLE BAPTIST FEDERAL CREDIT UNION is a federal credit union headquartered in Stamford, CT with 1 branch location and about $132,748 in total assets. Opened 65 years ago in 1956, FAITH TABERNACLE BAPTIST FEDERAL CREDIT UNION has about 151 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FAITH TABERNACLE BAPTIST FEDERAL CREDIT UNION
Address:
(Main Office)
29 Grove Street
Stamford, CT 06901
Phone:(203) 348-8755
Fax:(203) 348-1890
Website:n/a
Branches:1 branch locations
Members:151
Credit Union Type:Federal Credit Union
Charter Number:10845
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1956
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$132,748
CEO/Manager:Edith Shamsid-Deen
Chairperson:Mary Shepard

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 48,378
TOTAL INVESTMENTS 66,753
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 9,385
 Other Loans 9,974
 TOTAL LOANS 19,359
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,965
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 1,208
 All Other Assets 15
  TOTAL ASSETS 132,748
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 104,682
 All Other Shares & Deposits 16,433
  TOTAL SHARES & DEPOSITS 121,115
  TOTAL LIABILITIES 121,115
 Regular Reserve 3,113
 Other Reserves 2,145
 Undivided Earnings 6,375
  TOTAL EQUITY 11,633
  TOTAL LIABILITIES, SHARES, & EQUITY 132,748
INCOME & EXPENSE  
 Loan Income 2,832
 Investment Income 720
 Other Income 110
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,798
 Non-operating Income & (Expense) 18
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,118
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