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ATTLEBORO M E FEDERAL CREDIT UNION

Jun, 30, 2021 — ATTLEBORO M E FEDERAL CREDIT UNION is a federal credit union headquartered in Attleboro, MA with 1 branch location and about $28.45 million in total assets. Opened 57 years ago in 1964, ATTLEBORO M E FEDERAL CREDIT UNION has about 1,671 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:1,671
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:$28,454,245
CEO/Manager:Tracy A Conway
Chairperson:GARRY H BILLINGKOFF

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,609,795
TOTAL INVESTMENTS 20,790,110
Loans Held for Sale 0
 
 Real Estate Loans 1,505,168
 Unsecured Loans 894,958
 Other Loans 1,991,666
 TOTAL LOANS 4,391,792
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,673
 Land And Building 340,512
 Other Fixed Assets 33,522
 NCUSIF Deposit 233,759
 All Other Assets 62,428
  TOTAL ASSETS 28,454,245
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 48,132
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,417,089
 Regular shares 19,084,651
 All Other Shares & Deposits 2,551,456
  TOTAL SHARES & DEPOSITS 26,053,196
  TOTAL LIABILITIES 26,101,328
 Regular Reserve 222,333
 Other Reserves 0
 Undivided Earnings 2,130,584
  TOTAL EQUITY 2,352,917
  TOTAL LIABILITIES, SHARES, & EQUITY 28,454,245
INCOME & EXPENSE  
 Loan Income 118,710
 Investment Income 95,253
 Other Income 13,504
 Total Employee Compensation & Benefits 155,674
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 103,889
 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 11,804
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -20,795
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