Dec, 31, 2020 — BREWSTER FEDERAL CREDIT UNION is a federal credit union headquartered in BREWSTER, OH with 1 branch location and about $29.17 million in total assets. Opened 65 years ago in 1956, BREWSTER FEDERAL CREDIT UNION has about 3,351 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 |
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Address: (Main Office) | PO BOX 115 BREWSTER, OH 44613 |
Phone: | (330) 767-4345 |
Fax: | (330) 767-4666 |
Website: | http://www.brewsterfcu.org |
Branches: | 1 branch locations |
Members: | 3,351 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11445 |
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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, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $29,167,682 |
CEO/Manager: | Joanne L Smith |
Chairperson: | Greg J Remenaric |
ASSETS: | $ Amount |
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Cash & Equivalents | 12,040,029 |
TOTAL INVESTMENTS | 5,651,284 |
Loans Held for Sale | 0 |
Real Estate Loans | 596,386 |
Unsecured Loans | 818,399 |
Other Loans | 9,644,436 |
TOTAL LOANS | 11,090,223 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -174,305 |
Land And Building | 234,209 |
Other Fixed Assets | 23,187 |
NCUSIF Deposit | 204,087 |
All Other Assets | 98,968 |
TOTAL ASSETS | 29,167,682 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 152,399 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,619,349 |
Regular shares | 17,778,640 |
All Other Shares & Deposits | 1,721,023 |
TOTAL SHARES & DEPOSITS | 25,119,012 |
TOTAL LIABILITIES | 25,271,411 |
Regular Reserve | 255,802 |
Other Reserves | 0 |
Undivided Earnings | 3,640,469 |
TOTAL EQUITY | 3,896,271 |
TOTAL LIABILITIES, SHARES, & EQUITY | 29,167,682 |
INCOME & EXPENSE | |
Loan Income | 732,495 |
Investment Income | 194,666 |
Other Income | 331,456 |
Total Employee Compensation & Benefits | 483,684 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 495,748 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 106,601 |
Cost of Funds | 35,680 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 136,904 |
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