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ATTLEBORO M E FEDERAL CREDIT UNION

Mar, 31, 2021 — ATTLEBORO M E FEDERAL CREDIT UNION is a federal credit union headquartered in Attleboro, MA with 1 branch location and about $27.82 million in total assets. Opened 57 years ago in 1964, ATTLEBORO M E FEDERAL CREDIT UNION has about 1,668 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ATTLEBORO M E FEDERAL CREDIT UNION
Address:
(Main Office)
138 S MAIN St
Attleboro, MA 02703-3909
Phone:(508) 226-0140
Fax:(508) 222-9359
Website:http://www.attleborofcu.com
Branches:1 branch locations
Members:1,668
Credit Union Type:Federal Credit Union
Charter Number:16011
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1964
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$27,820,350
CEO/Manager:Tracy A Conway
Chairperson:GARRY H BILLINGKOFF

Call Report

  • Credit Builder
  • Overdraft Lines of Credit
  • Real Estate Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,039,157
TOTAL INVESTMENTS 19,688,110
Loans Held for Sale 0
 
 Real Estate Loans 1,531,209
 Unsecured Loans 910,342
 Other Loans 1,985,338
 TOTAL LOANS 4,426,889
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,155
 Land And Building 342,411
 Other Fixed Assets 35,783
 NCUSIF Deposit 233,759
 All Other Assets 62,396
  TOTAL ASSETS 27,820,350
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 45,140
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,382,965
 Regular shares 18,531,996
 All Other Shares & Deposits 2,502,000
  TOTAL SHARES & DEPOSITS 25,416,961
  TOTAL LIABILITIES 25,462,101
 Regular Reserve 222,333
 Other Reserves 0
 Undivided Earnings 2,135,916
  TOTAL EQUITY 2,358,249
  TOTAL LIABILITIES, SHARES, & EQUITY 27,820,350
INCOME & EXPENSE  
 Loan Income 59,955
 Investment Income 51,208
 Other Income 6,423
 Total Employee Compensation & Benefits 77,991
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 55,777
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,443
 Cost of Funds 6,220
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -15,464
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