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BATTERY EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2022 — BATTERY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ATTICA, IN with 1 branch location and about $1.20 million in total assets. Opened 56 years ago in 1966, BATTERY EMPLOYEES FEDERAL CREDIT UNION has about 267 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BATTERY EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
507 E Monroe St
ATTICA, IN 47918-1416
Phone:(765) 762-2947
Fax:
Website:n/a
Branches:1 branch locations
Members:267
Credit Union Type:Federal Credit Union
Charter Number:17588
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1966
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,197,639
CEO/Manager:Janet L Schmid
Chairperson:Tom A Schmid

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 301,993
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 39,455
 Other Loans 350,177
 TOTAL LOANS 389,632
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,546
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 9,848
 All Other Assets 0
  TOTAL ASSETS 1,197,639
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,812
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 964,361
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 964,361
  TOTAL LIABILITIES 967,173
 Regular Reserve 0
 Other Reserves 32,478
 Undivided Earnings 197,988
  TOTAL EQUITY 230,466
  TOTAL LIABILITIES, SHARES, & EQUITY 1,197,639
INCOME & EXPENSE  
 Loan Income 12,374
 Investment Income 769
 Other Income 623
 Total Employee Compensation & Benefits 10,846
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,601
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,219
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 100
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