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.
Name: | BOULEVARD FEDERAL CREDIT UNION |
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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 |
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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 |
ASSETS: | $ Amount |
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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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