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B V M S N FEDERAL CREDIT UNION

Dec, 31, 2020 — B V M S N FEDERAL CREDIT UNION is a federal credit union headquartered in WALNUTPORT, PA with 1 branch location and about $2.30 million in total assets. Opened 61 years ago in 1960, B V M S N FEDERAL CREDIT UNION has about 287 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:B V M S N FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 128
WALNUTPORT, PA 18088
Phone:(610) 767-3107
Fax:
Website:n/a
Branches:1 branch locations
Members:287
Credit Union Type:Federal Credit Union
Charter Number:13821
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1960
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,295,464
CEO/Manager:Christine A Kosman
Chairperson:Mary L Trexler

Call Report

  • Real Estate Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 569,362
TOTAL INVESTMENTS 900,000
Loans Held for Sale 0
 
 Real Estate Loans 415,758
 Unsecured Loans 12,568
 Other Loans 383,322
 TOTAL LOANS 811,648
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,614
 Land And Building 0
 Other Fixed Assets 1,377
 NCUSIF Deposit 17,616
 All Other Assets 5,075
  TOTAL ASSETS 2,295,464
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,625
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,946,639
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,946,639
  TOTAL LIABILITIES 1,950,264
 Regular Reserve 142,921
 Other Reserves 0
 Undivided Earnings 202,279
  TOTAL EQUITY 345,200
  TOTAL LIABILITIES, SHARES, & EQUITY 2,295,464
INCOME & EXPENSE  
 Loan Income 31,014
 Investment Income 18,635
 Other Income 375
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 26,846
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 18,236
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,942
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