Sep, 30, 2025 — BYKOTA FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN, NY with 1 branch location and about $1.58 million in total assets. Opened 56 years ago in 1970, BYKOTA FEDERAL CREDIT UNION has about 913 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BYKOTA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 457 Grand Ave BROOKLYN, NY 11238 |
| Phone: | (718) 783-3630 |
| Fax: | (718) 789-3138 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 913 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20419 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1970 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,575,800 |
| CEO/Manager: | Aston Forrest |
| Chairperson: | ANDREW VAUGHN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 478,244 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 139,650 |
| Other Loans | 0 |
| TOTAL LOANS | 139,650 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -34,046 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 15,356 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,575,800 |
| 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 | 1,495,499 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,495,499 |
| TOTAL LIABILITIES | 1,495,499 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 80,301 |
| TOTAL EQUITY | 80,301 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,575,800 |
| INCOME & EXPENSE | |
| Loan Income | 7,020 |
| Investment Income | 21,783 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 8,463 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 25,278 |
| Non-operating Income & (Expense) | 0 |
| 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) | -4,938 |
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