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BRISTOL VA SCHOOL SYSTEM FEDERAL CREDIT UNION

Jun, 30, 2024 — BRISTOL VA SCHOOL SYSTEM FEDERAL CREDIT UNION is a federal credit union headquartered in BRISTOL, VA with 1 branch location and about $230,367 in total assets. Opened 67 years ago in 1957, BRISTOL VA SCHOOL SYSTEM FEDERAL CREDIT UNION has about 112 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)
280 Lee St
BRISTOL, VA 24201
Phone:(276) 821-5647
Fax:(276) 821-5641
Website:n/a
Branches:1 branch locations
Members:112
Credit Union Type:Federal Credit Union
Charter Number:11567
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1957
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$230,367
CEO/Manager:Angel Hudson
Chairperson:Tracey Mercier

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 85,912
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 40,087
 Other Loans 0
 TOTAL LOANS 40,087
 (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 230,367
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 178,627
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 178,627
  TOTAL LIABILITIES 178,793
 Regular Reserve 0
 Other Reserves 22,239
 Undivided Earnings 29,335
  TOTAL EQUITY 51,574
  TOTAL LIABILITIES, SHARES, & EQUITY 230,367
INCOME & EXPENSE  
 Loan Income 2,124
 Investment Income 255
 Other Income 20
 Total Employee Compensation & Benefits 5,086
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 225
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 287
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -3,199
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