Jun, 30, 2024 — BATTERY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ATTICA, IN with 1 branch location and about $1.13 million in total assets. Opened 59 years ago in 1966, BATTERY EMPLOYEES FEDERAL CREDIT UNION has about 265 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: | 265 |
| 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: | $1,128,531 |
| CEO/Manager: | Janet L Schmid |
| Chairperson: | Tom A Schmid |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 103,934 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 41,190 |
| Other Loans | 330,650 |
| TOTAL LOANS | 371,840 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,439 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 9,979 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,128,531 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,568 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 897,293 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 897,293 |
| TOTAL LIABILITIES | 899,861 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 228,670 |
| TOTAL EQUITY | 228,670 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,128,531 |
| INCOME & EXPENSE | |
| Loan Income | 36,476 |
| Investment Income | 1,782 |
| Other Income | 725 |
| Total Employee Compensation & Benefits | 30,530 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 10,755 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -4,174 |
| Cost of Funds | 3,568 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -1,696 |
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