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KRATON BELPRE FEDERAL CREDIT UNION

Dec, 31, 2023 — KRATON BELPRE FEDERAL CREDIT UNION is a federal credit union headquartered in BELPRE, OH with 1 branch location and about $7.79 million in total assets. Opened 54 years ago in 1970, KRATON BELPRE FEDERAL CREDIT UNION has about 710 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:https://www.kbfcu.org
Branches:1 branch locations
Members:710
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:Jul 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$7,792,654
CEO/Manager:JESSE R SHOCKEY
Chairperson:Don Harris

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 326,521
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 191,791
 Other Loans 2,410,349
 TOTAL LOANS 2,602,140
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -20,000
 Land And Building 51,470
 Other Fixed Assets 254
 NCUSIF Deposit 77,784
 All Other Assets 0
  TOTAL ASSETS 7,792,654
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 591,175
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,825,328
 All Other Shares & Deposits 1,266,419
  TOTAL SHARES & DEPOSITS 6,091,747
  TOTAL LIABILITIES 6,682,922
 Regular Reserve 0
 Other Reserves 173,054
 Undivided Earnings 936,678
  TOTAL EQUITY 1,109,732
  TOTAL LIABILITIES, SHARES, & EQUITY 7,792,654
INCOME & EXPENSE  
 Loan Income 123,878
 Investment Income 104,150
 Other Income 815
 Total Employee Compensation & Benefits 68,283
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 76,717
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,027
 Cost of Funds 22,470
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 59,736
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