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HIGH STREET BAPTIST CHURCH FEDERAL CREDIT UNION

Dec, 31, 2020 — HIGH STREET BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in Roanoke, VA with 1 branch location and about $2.30 million in total assets. Opened 64 years ago in 1957, HIGH STREET BAPTIST CHURCH FEDERAL CREDIT UNION has about 309 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HIGH STREET BAPTIST CHURCH FEDERAL CREDIT UNION
Address:
(Main Office)
2302 Florida Ave NW
Roanoke, VA 24017
Phone:(540) 362-9298
Fax:(540) 362-1343
Website:n/a
Branches:1 branch locations
Members:309
Credit Union Type:Federal Credit Union
Charter Number:11986
Membership Type:Associational - Religious, 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:$2,298,896
CEO/Manager:Wallace I Allen
Chairperson:Harry C Curtis

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 539,325
TOTAL INVESTMENTS 1,375,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 34,805
 Other Loans 341,506
 TOTAL LOANS 376,311
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,000
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 16,763
 All Other Assets 1,497
  TOTAL ASSETS 2,298,896
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 250
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,856,827
 All Other Shares & Deposits 180,861
  TOTAL SHARES & DEPOSITS 2,037,688
  TOTAL LIABILITIES 2,037,938
 Regular Reserve 35,441
 Other Reserves 0
 Undivided Earnings 225,517
  TOTAL EQUITY 260,958
  TOTAL LIABILITIES, SHARES, & EQUITY 2,298,896
INCOME & EXPENSE  
 Loan Income 31,612
 Investment Income 20,163
 Other Income 334
 Total Employee Compensation & Benefits 16,729
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 15,857
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 7,237
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 12,286
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