BREWTON MILL FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.brewtonmillfcu.org for more information.
Dec, 31, 2023 — BREWTON MILL FEDERAL CREDIT UNION is a federal credit union headquartered in BREWTON, AL with 1 branch location and about $27.01 million in total assets. Opened 65 years ago in 1959, BREWTON MILL FEDERAL CREDIT UNION has about 1,748 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BREWTON MILL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. BOX 907 BREWTON, AL 36427 |
| Phone: | (251) 867-3162 |
| Fax: | (251) 867-3114 |
| Website: | https://www.brewtonmillfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,748 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12790 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $27,010,913 |
| CEO/Manager: | Linda L Williamson |
| Chairperson: | Hugh B Miller |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 838,782 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 146,145 |
| Unsecured Loans | 715,354 |
| Other Loans | 19,774,140 |
| TOTAL LOANS | 20,637,326 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -59,072 |
| Land And Building | 585,587 |
| Other Fixed Assets | 55,252 |
| NCUSIF Deposit | 189,190 |
| All Other Assets | 9,000 |
| TOTAL ASSETS | 27,010,913 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 19,478 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 165,878 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,136,257 |
| Regular shares | 11,655,261 |
| All Other Shares & Deposits | 10,934,231 |
| TOTAL SHARES & DEPOSITS | 24,725,749 |
| TOTAL LIABILITIES | 24,911,105 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,099,808 |
| TOTAL EQUITY | 2,099,808 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 27,010,913 |
| INCOME & EXPENSE | |
| Loan Income | 738,614 |
| Investment Income | 51,298 |
| Other Income | 188,480 |
| Total Employee Compensation & Benefits | 304,315 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 376,929 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,780 |
| Cost of Funds | 188,803 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 124,650 |
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