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BOULEVARD FEDERAL CREDIT UNION

Mar, 31, 2021 — BOULEVARD FEDERAL CREDIT UNION is a federal credit union headquartered in AMHERST, NY with 1 branch location and about $44.25 million in total assets. Opened 64 years ago in 1957, BOULEVARD FEDERAL CREDIT UNION has about 3,859 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 222382551
Name:BOULEVARD FEDERAL CREDIT UNION
Address:
(Main Office)
2787 NIAGARA FALLS BLVD
AMHERST, NY 14228
Phone:(716) 691-6727
Fax:(716) 691-6860
Website:http://www.blvdfcu.com
Branches:1 branch locations
Members:3,859
Credit Union Type:Federal Credit Union
Charter Number:11640
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1957
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$44,252,427
CEO/Manager:Jennifer Heim
Chairperson:James Pyra

Call Report

  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Insurance/Investment Sales
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,945,525
TOTAL INVESTMENTS 25,793,913
Loans Held for Sale 0
 
 Real Estate Loans 3,205,488
 Unsecured Loans 3,880,223
 Other Loans 5,232,155
 TOTAL LOANS 12,317,866
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -109,304
 Land And Building 632,876
 Other Fixed Assets 93,926
 NCUSIF Deposit 364,126
 All Other Assets 213,499
  TOTAL ASSETS 44,252,427
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 34,414
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,755,772
 Regular shares 16,514,057
 All Other Shares & Deposits 15,944,294
  TOTAL SHARES & DEPOSITS 39,214,123
  TOTAL LIABILITIES 39,248,537
 Regular Reserve 580,185
 Other Reserves 505,263
 Undivided Earnings 3,918,442
  TOTAL EQUITY 5,003,890
  TOTAL LIABILITIES, SHARES, & EQUITY 44,252,427
INCOME & EXPENSE  
 Loan Income 223,435
 Investment Income 90,553
 Other Income 42,630
 Total Employee Compensation & Benefits 177,359
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 145,187
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 617
 Cost of Funds 23,090
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 52,488
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