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B.O.N.D. COMMUNITY FEDERAL CREDIT UNION

Jun, 30, 2021 — B.O.N.D. COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in Atlanta, GA with 2 branch locations and about $54.57 million in total assets. Opened 49 years ago in 1972, B.O.N.D. COMMUNITY FEDERAL CREDIT UNION has about 3,475 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 261073591
Name:B.O.N.D. COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
P. O. Box 5286
Atlanta, GA 31107
Phone:(404) 525-0619
Fax:(404) 577-8529
Website:http://www.bondcu.com
Branches:2 branch locations
Members:3,475
Credit Union Type:Federal Credit Union
Charter Number:20974
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1972
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$54,570,780
CEO/Manager:Craig McDonald
Chairperson:William Carmichael

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,725,604
TOTAL INVESTMENTS 14,673,000
Loans Held for Sale 0
 
 Real Estate Loans 10,882,502
 Unsecured Loans 1,187,446
 Other Loans 9,233,890
 TOTAL LOANS 21,303,838
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -118,993
 Land And Building 0
 Other Fixed Assets 32,585
 NCUSIF Deposit 468,141
 All Other Assets 9,486,605
  TOTAL ASSETS 54,570,780
LIABILITIES & CAPITAL:  
 Dividends Payable 1
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 89,452
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 24,450,414
 Regular shares 24,547,605
 All Other Shares & Deposits 1,525,590
  TOTAL SHARES & DEPOSITS 50,523,609
  TOTAL LIABILITIES 50,613,062
 Regular Reserve 1,542,965
 Other Reserves 0
 Undivided Earnings 2,414,753
  TOTAL EQUITY 3,957,718
  TOTAL LIABILITIES, SHARES, & EQUITY 54,570,780
INCOME & EXPENSE  
 Loan Income 450,985
 Investment Income 50,998
 Other Income 201,710
 Total Employee Compensation & Benefits 377,223
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 438,186
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,142
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -59,735
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