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BOULEVARD FEDERAL CREDIT UNION

Dec, 31, 2023 — BOULEVARD FEDERAL CREDIT UNION is a federal credit union headquartered in AMHERST, NY with 1 branch location and about $42.42 million in total assets. Opened 67 years ago in 1957, BOULEVARD FEDERAL CREDIT UNION has about 3,681 members and employs 9 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:https://www.blvdfcu.com
Branches:1 branch locations
Members:3,681
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:Dec 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$42,421,575
CEO/Manager:Jennifer Heim
Chairperson:James Pyra

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,574,321
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,535,194
 Unsecured Loans 3,780,426
 Other Loans 9,153,424
 TOTAL LOANS 17,469,044
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -202,410
 Land And Building 703,604
 Other Fixed Assets 21,756
 NCUSIF Deposit 386,469
 All Other Assets 5,265
  TOTAL ASSETS 42,421,575
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 110,715
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,342,296
 Regular shares 14,530,690
 All Other Shares & Deposits 15,865,984
  TOTAL SHARES & DEPOSITS 36,738,971
  TOTAL LIABILITIES 36,849,686
 Regular Reserve 0
 Other Reserves 505,263
 Undivided Earnings 5,066,626
  TOTAL EQUITY 5,571,889
  TOTAL LIABILITIES, SHARES, & EQUITY 42,421,575
INCOME & EXPENSE  
 Loan Income 1,072,366
 Investment Income 539,266
 Other Income 203,907
 Total Employee Compensation & Benefits 624,896
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 775,314
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 203,412
 Cost of Funds 298,016
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 98,899
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