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BOULEVARD FEDERAL CREDIT UNION

Dec, 31, 2020 — BOULEVARD FEDERAL CREDIT UNION is a federal credit union headquartered in AMHERST, NY with 1 branch location and about $41.84 million in total assets. Opened 64 years ago in 1957, BOULEVARD FEDERAL CREDIT UNION has about 3,892 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:3,892
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, 2019
FHLB Member:No
Low Income Designation:No
Assets:$41,840,814
CEO/Manager:Miriam Perez
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 3,948,656
TOTAL INVESTMENTS 24,153,917
Loans Held for Sale 0
 
 Real Estate Loans 3,303,725
 Unsecured Loans 4,152,390
 Other Loans 5,132,296
 TOTAL LOANS 12,588,411
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -99,481
 Land And Building 637,220
 Other Fixed Assets 101,140
 NCUSIF Deposit 304,126
 All Other Assets 206,825
  TOTAL ASSETS 41,840,814
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 41,273
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,890,868
 Regular shares 15,232,558
 All Other Shares & Deposits 15,724,706
  TOTAL SHARES & DEPOSITS 36,848,132
  TOTAL LIABILITIES 36,889,405
 Regular Reserve 580,185
 Other Reserves 505,269
 Undivided Earnings 3,865,955
  TOTAL EQUITY 4,951,409
  TOTAL LIABILITIES, SHARES, & EQUITY 41,840,814
INCOME & EXPENSE  
 Loan Income 943,280
 Investment Income 443,275
 Other Income 295,379
 Total Employee Compensation & Benefits 728,586
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 638,572
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 57,174
 Cost of Funds 124,342
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 133,260
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