Jun, 30, 2024 — SPC BROOKLYN FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN, NY with 2 branch locations and about $375,599 in total assets. Opened 57 years ago in 1968, SPC BROOKLYN FEDERAL CREDIT UNION has about 312 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SPC BROOKLYN FEDERAL CREDIT UNION |
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Address: (Main Office) | 29 Claver Pl BROOKLYN, NY 11238 |
Phone: | (718) 857-5543 |
Fax: | |
Website: | n/a |
Branches: | 2 branch locations |
Members: | 312 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 18858 |
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Membership Type: | Associational - Religious, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Dec 01, 2019 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $375,599 |
CEO/Manager: | Balfour Thompson |
Chairperson: | Jennifer Parkinson-Gilbert |
ASSETS: | $ Amount |
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Cash & Equivalents | 126,499 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 33,548 |
Other Loans | 16,608 |
TOTAL LOANS | 50,156 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,480 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 3,446 |
All Other Assets | 0 |
TOTAL ASSETS | 375,599 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 335,280 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 335,280 |
TOTAL LIABILITIES | 335,280 |
Regular Reserve | 0 |
Other Reserves | 20,214 |
Undivided Earnings | 20,105 |
TOTAL EQUITY | 40,319 |
TOTAL LIABILITIES, SHARES, & EQUITY | 375,599 |
INCOME & EXPENSE | |
Loan Income | 3,140 |
Investment Income | 1,249 |
Other Income | 25 |
Total Employee Compensation & Benefits | 600 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 7,824 |
Non-operating Income & (Expense) | 1,787 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 0 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -2,223 |
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