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BRISTOL VA SCHOOL SYSTEM FEDERAL CREDIT UNION

Dec, 31, 2020 — BRISTOL VA SCHOOL SYSTEM FEDERAL CREDIT UNION is a federal credit union headquartered in Bristol, VA with 1 branch location and about $224,222 in total assets. Opened 64 years ago in 1957, BRISTOL VA SCHOOL SYSTEM FEDERAL CREDIT UNION has about 119 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:119
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:$224,222
CEO/Manager:Angel Hudson
Chairperson:Tracey Mercier

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 56,351
TOTAL INVESTMENTS 110,479
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 64,051
 Other Loans 0
 TOTAL LOANS 64,051
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,794
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 2,135
 All Other Assets 0
  TOTAL ASSETS 224,222
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 112
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 160,101
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 160,101
  TOTAL LIABILITIES 160,213
 Regular Reserve 22,239
 Other Reserves 0
 Undivided Earnings 41,770
  TOTAL EQUITY 64,009
  TOTAL LIABILITIES, SHARES, & EQUITY 224,222
INCOME & EXPENSE  
 Loan Income 8,045
 Investment Income 1,942
 Other Income 0
 Total Employee Compensation & Benefits 6,782
 NCUSIF Premiums Expense 1,599
 Total Other Operating Expenses 1,234
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 407
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -35
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