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BOYS TOWN FEDERAL CREDIT UNION

Dec, 31, 2023 — BOYS TOWN FEDERAL CREDIT UNION is a federal credit union headquartered in Boys Town, NE with 1 branch location and about $2.42 million in total assets. Opened 67 years ago in 1957, BOYS TOWN FEDERAL CREDIT UNION has about 842 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BOYS TOWN FEDERAL CREDIT UNION
Address:
(Main Office)
13602 Flanagan Blvd
Boys Town, NE 68010-7500
Phone:(531) 355-1108
Fax:(531) 355-1109
Website:https://www.boystownfcu.com
Branches:1 branch locations
Members:842
Credit Union Type:Federal Credit Union
Charter Number:11617
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1957
Last Audited:Apr 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$2,421,985
CEO/Manager:Kim M McBride
Chairperson:Barbara Vollmer

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,089,674
TOTAL INVESTMENTS 809,575
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 251,048
 Other Loans 245,690
 TOTAL LOANS 496,738
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -19,614
 Land And Building 0
 Other Fixed Assets 5,479
 NCUSIF Deposit 28,289
 All Other Assets 11,844
  TOTAL ASSETS 2,421,985
LIABILITIES & CAPITAL:  
 Dividends Payable 186
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,810
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 106,507
 Regular shares 2,091,269
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,197,776
  TOTAL LIABILITIES 2,212,772
 Regular Reserve 86,910
 Other Reserves 0
 Undivided Earnings 122,303
  TOTAL EQUITY 209,213
  TOTAL LIABILITIES, SHARES, & EQUITY 2,421,985
INCOME & EXPENSE  
 Loan Income 55,785
 Investment Income 16,241
 Other Income 18,966
 Total Employee Compensation & Benefits 95,853
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 48,091
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,737
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -53,776
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