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 |
| 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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