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FIRST BAPTIST CHURCH FEDERAL CREDIT UNION

Dec, 31, 2020 — FIRST BAPTIST CHURCH FEDERAL CREDIT UNION is a federal credit union headquartered in EAST ELMHURST, NY with 1 branch location and about $307,055 in total assets. Opened 46 years ago in 1975, FIRST BAPTIST CHURCH FEDERAL CREDIT UNION has about 186 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FIRST BAPTIST CHURCH FEDERAL CREDIT UNION
Address:
(Main Office)
10010 ASTORIA BLVD
EAST ELMHURST, NY 11369
Phone:(718) 507-5457
Fax:(718) 507-5457
Website:http://www.firstbaptistfcu.com
Branches:1 branch locations
Members:186
Credit Union Type:Federal Credit Union
Charter Number:22226
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1975
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$307,055
CEO/Manager:Claudette Gray
Chairperson:Willie Daniels

Call Report

  • Credit Builder
  • Check Cashing

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 58,021
TOTAL INVESTMENTS 222,198
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 15,460
 Other Loans 9,311
 TOTAL LOANS 24,771
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -420
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 2,485
 All Other Assets 0
  TOTAL ASSETS 307,055
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,160
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 242,200
 All Other Shares & Deposits 5,314
  TOTAL SHARES & DEPOSITS 247,514
  TOTAL LIABILITIES 252,674
 Regular Reserve 7,626
 Other Reserves 0
 Undivided Earnings 46,755
  TOTAL EQUITY 54,381
  TOTAL LIABILITIES, SHARES, & EQUITY 307,055
INCOME & EXPENSE  
 Loan Income 1,900
 Investment Income 2,366
 Other Income 0
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,918
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 420
 Cost of Funds 625
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -697
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