Dec, 31, 2023 — B V M S N FEDERAL CREDIT UNION is a federal credit union headquartered in WALNUTPORT, PA with 1 branch location and about $2.28 million in total assets. Opened 64 years ago in 1960, B V M S N FEDERAL CREDIT UNION has about 227 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 |
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Address: (Main Office) | 1152 Oak Rd WALNUTPORT, PA 18088 |
Phone: | (610) 767-3107 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 227 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13821 |
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Membership Type: | Associational - Religious, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,280,430 |
CEO/Manager: | Christine A Kosman |
Chairperson: | Mary L Trexler |
ASSETS: | $ Amount |
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Cash & Equivalents | 228,561 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 376,958 |
Unsecured Loans | 19,567 |
Other Loans | 263,626 |
TOTAL LOANS | 660,151 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,614 |
Land And Building | 0 |
Other Fixed Assets | 4 |
NCUSIF Deposit | 22,084 |
All Other Assets | 0 |
TOTAL ASSETS | 2,280,430 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,325 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,922,639 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,922,639 |
TOTAL LIABILITIES | 1,925,964 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 354,466 |
TOTAL EQUITY | 354,466 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,280,430 |
INCOME & EXPENSE | |
Loan Income | 23,199 |
Investment Income | 29,723 |
Other Income | 734 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 26,268 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 26,173 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,215 |
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