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BREWSTER FEDERAL CREDIT UNION

Sep, 30, 2025 — BREWSTER FEDERAL CREDIT UNION is a federal credit union headquartered in BREWSTER, OH with 1 branch location and about $33.13 million in total assets. Opened 70 years ago in 1956, BREWSTER FEDERAL CREDIT UNION has about 2,843 members and employs 10 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:2,843
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, 2024
FHLB Member:No
Low Income Designation:No
Assets:$33,132,076
CEO/Manager:Joanne L Smith
Chairperson:Greg J Remenaric

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,859,294
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,688,318
 Unsecured Loans 904,924
 Other Loans 13,025,508
 TOTAL LOANS 15,722,716
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -152,970
 Land And Building 220,106
 Other Fixed Assets 53,427
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 252,618
 All Other Assets 0
  TOTAL ASSETS 33,132,076
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 128,960
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,469,231
 Regular shares 19,367,515
 All Other Shares & Deposits 1,347,621
  TOTAL SHARES & DEPOSITS 27,184,367
  TOTAL LIABILITIES 27,313,327
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 5,818,749
  TOTAL EQUITY 5,818,749
  TOTAL LIABILITIES, SHARES, & EQUITY 33,132,076
INCOME & EXPENSE  
 Loan Income 746,538
 Investment Income 411,979
 Other Income 172,255
 Total Employee Compensation & Benefits 394,644
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 458,128
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 40,000
 Cost of Funds 33,581
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 548,563
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