Mar, 31, 2021 — BATTERY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Attica, IN with 1 branch location and about $1.22 million in total assets. Opened 55 years ago in 1966, BATTERY EMPLOYEES FEDERAL CREDIT UNION has about 221 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: | 221 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,216,650 |
| CEO/Manager: | Janet L Schmid |
| Chairperson: | Kenneth A Jones |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 279,791 |
| TOTAL INVESTMENTS | 490,000 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 45,546 |
| Other Loans | 402,937 |
| TOTAL LOANS | 448,483 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,554 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 9,877 |
| All Other Assets | 6,053 |
| TOTAL ASSETS | 1,216,650 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,840 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 990,010 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 990,010 |
| TOTAL LIABILITIES | 995,850 |
| Regular Reserve | 32,478 |
| Other Reserves | 0 |
| Undivided Earnings | 188,322 |
| TOTAL EQUITY | 220,800 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,216,650 |
| INCOME & EXPENSE | |
| Loan Income | 15,324 |
| Investment Income | 476 |
| Other Income | 88 |
| Total Employee Compensation & Benefits | 10,146 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 4,291 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -2,171 |
| Cost of Funds | 1,226 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,396 |
| ↑ Back to Top | |