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KRATON BELPRE FEDERAL CREDIT UNION

Mar, 31, 2021 — KRATON BELPRE FEDERAL CREDIT UNION is a federal credit union headquartered in BELPRE, OH with 1 branch location and about $7.99 million in total assets. Opened 51 years ago in 1970, KRATON BELPRE FEDERAL CREDIT UNION has about 791 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KRATON BELPRE FEDERAL CREDIT UNION
Address:
(Main Office)
2419 STATE ROUTE 618
BELPRE, OH 45714
Phone:(740) 423-2388
Fax:(740) 423-2707
Website:http://www.kbfcu.org
Branches:1 branch locations
Members:791
Credit Union Type:Federal Credit Union
Charter Number:20204
Membership Type:Multiple common bond - Primarily chemical
Corporate Credit Union:No
Year Opened:1970
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$7,992,019
CEO/Manager:NANCY M WILCOX
Chairperson:Renae Duncan

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,454,754
TOTAL INVESTMENTS 3,560,596
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 224,528
 Other Loans 2,621,417
 TOTAL LOANS 2,845,945
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -20,000
 Land And Building 62,859
 Other Fixed Assets 3,933
 NCUSIF Deposit 66,262
 All Other Assets 17,670
  TOTAL ASSETS 7,992,019
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 20,236
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 5,666,847
 All Other Shares & Deposits 1,271,034
  TOTAL SHARES & DEPOSITS 6,937,881
  TOTAL LIABILITIES 6,958,117
 Regular Reserve 173,055
 Other Reserves 0
 Undivided Earnings 860,847
  TOTAL EQUITY 1,033,902
  TOTAL LIABILITIES, SHARES, & EQUITY 7,992,019
INCOME & EXPENSE  
 Loan Income 31,596
 Investment Income 9,307
 Other Income 65
 Total Employee Compensation & Benefits 18,176
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 12,938
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 5,192
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,667
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