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B V M S N FEDERAL CREDIT UNION

Jun, 30, 2021 — B V M S N FEDERAL CREDIT UNION is a federal credit union headquartered in WALNUTPORT, PA with 1 branch location and about $2.52 million in total assets. Opened 61 years ago in 1960, B V M S N FEDERAL CREDIT UNION has about 275 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:275
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$2,520,308
CEO/Manager:Christine A Kosman
Chairperson:Mary L Trexler

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 794,851
TOTAL INVESTMENTS 1,000,000
Loans Held for Sale 0
 
 Real Estate Loans 397,278
 Unsecured Loans 12,704
 Other Loans 299,574
 TOTAL LOANS 709,556
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,614
 Land And Building 0
 Other Fixed Assets 1,077
 NCUSIF Deposit 19,466
 All Other Assets 4,972
  TOTAL ASSETS 2,520,308
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,975
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,165,928
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,165,928
  TOTAL LIABILITIES 2,170,903
 Regular Reserve 142,921
 Other Reserves 0
 Undivided Earnings 206,484
  TOTAL EQUITY 349,405
  TOTAL LIABILITIES, SHARES, & EQUITY 2,520,308
INCOME & EXPENSE  
 Loan Income 12,814
 Investment Income 7,522
 Other Income 225
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 11,373
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,983
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,205
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