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BRISTOL VA SCHOOL SYSTEM FEDERAL CREDIT UNION

Mar, 31, 2021 — BRISTOL VA SCHOOL SYSTEM FEDERAL CREDIT UNION is a federal credit union headquartered in Bristol, VA with 1 branch location and about $250,596 in total assets. Opened 64 years ago in 1957, BRISTOL VA SCHOOL SYSTEM FEDERAL CREDIT UNION has about 120 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BRISTOL VA SCHOOL SYSTEM FEDERAL CREDIT UNION
Address:
(Main Office)
220 Lee St
Bristol, VA 24201
Phone:(276) 821-5647
Fax:(276) 821-5641
Website:n/a
Branches:1 branch locations
Members:120
Credit Union Type:Federal Credit Union
Charter Number:11567
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1957
Last Audited:Oct 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$250,596
CEO/Manager:Angel Hudson
Chairperson:Tracey Mercier

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 91,150
TOTAL INVESTMENTS 110,525
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 55,612
 Other Loans 0
 TOTAL LOANS 55,612
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,826
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 2,135
 All Other Assets 0
  TOTAL ASSETS 250,596
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 166
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 187,999
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 187,999
  TOTAL LIABILITIES 188,165
 Regular Reserve 22,238
 Other Reserves 0
 Undivided Earnings 40,193
  TOTAL EQUITY 62,431
  TOTAL LIABILITIES, SHARES, & EQUITY 250,596
INCOME & EXPENSE  
 Loan Income 1,451
 Investment Income 48
 Other Income 125
 Total Employee Compensation & Benefits 1,695
 NCUSIF Premiums Expense 390
 Total Other Operating Expenses 0
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 115
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -576
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