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BUTLER HERITAGE FEDERAL CREDIT UNION

Jun, 30, 2024 — BUTLER HERITAGE FEDERAL CREDIT UNION is a federal credit union headquartered in MIDDLETOWN, OH with 0 branch location and about $15.05 million in total assets. Opened 69 years ago in 1956, BUTLER HERITAGE FEDERAL CREDIT UNION has about 945 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BUTLER HERITAGE FEDERAL CREDIT UNION
Address:
(Main Office)
660 N University Blvd
MIDDLETOWN, OH 45042-3356
Phone:(513) 423-2921
Fax:(513) 423-1993
Website:https://www.butlerheritagefcu.org
Branches:0 branch locations
Members:945
Credit Union Type:Federal Credit Union
Charter Number:11440
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1956
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$15,045,294
CEO/Manager:James C Miles
Chairperson:John D Terrill

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,600,132
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 930,120
 Unsecured Loans 463,191
 Other Loans 1,649,170
 TOTAL LOANS 3,042,481
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,458
 Land And Building 336,681
 Other Fixed Assets 33,573
 NCUSIF Deposit 136,520
 All Other Assets 0
  TOTAL ASSETS 15,045,294
LIABILITIES & CAPITAL:  
 Dividends Payable 27
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 327,555
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,557,343
 Regular shares 10,207,653
 All Other Shares & Deposits 139,879
  TOTAL SHARES & DEPOSITS 13,904,875
  TOTAL LIABILITIES 14,232,457
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 812,837
  TOTAL EQUITY 812,837
  TOTAL LIABILITIES, SHARES, & EQUITY 15,045,294
INCOME & EXPENSE  
 Loan Income 115,622
 Investment Income 59,769
 Other Income 25,036
 Total Employee Compensation & Benefits 54,551
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 293,000
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,202
 Cost of Funds 1,558
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -127,261
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